 Malpractice Insurance for Accountants
AICPA Premier Plan Malpractice Insurance for Accountants Coverage Options
The Premier Plan is malpractice insurance for accountants, designed for CPA firms with:
- More than three professionals and
- Billings of above $400,000 per year
Accountants Professional Liability Insurance From a Name You Trust
This AICPA-endorsed plan is underwritten by the Continental Casualty Company, one of the CNA insurance companies. CNA has earned an "A" (excellent) rating by A.M. Best Company.
Premier Plan Program Options:
|
Extended Claims Reporting Period
|
- Optional one, three or five year extensions available in most states
|
|
|
- Under the aggregate deductible option of the AICPA program, deductibles are assessed on an annual aggregate, or cumulative basis, rather than a per-claim basis.
- The result is that, at minimal additional cost, aggregate deductibles reduce out-of-pocket deductible expenses if a firm is faced with more than one claim in a policy period.
|
Employment Practices Defense Option
|
- The Premier Plan offers defense coverage for employment-related claims against your practice, such as age discrimination, sexual harassment, wrongful dismissal, EEOC or ADA charges.
- This optional feature offers coverage limits of $50,000 and $100,000.
|
| Not-for-Profit Directors and Officers Supplementary Defense Counsel Coverage
|
- The Premier Plan offers insured firms supplementary defense coverage for members of the firm in their roles as Officers or Directors for not-for-profit Entities such as church groups, sports or music organizations, community volunteer groups, or youth or senior citizen groups.
- This optional coverage offers a defense limit of $100,000.
|
|
