CPAGold Professional Liability Program
The practice of accountancy
has evolved tremendously over the past decade and the divergent
services provided by accountants and CPA’s is no longer black
& white. The CPAGold program has
evolved with the marketplace and provides you some of the
broadest professional liability coverage available.
Broad definition
of professional services
"Professional Services"
is defined as services performed or advice given by you provided
that the
remuneration
for such services or advice, or a portion thereof, inures to your
benefit (unless, with your consent and knowledge, such services
or advice are provided Pro Bono).
This new
wording takes account of the expanded practice of accounting and allows
for the receipt of commission or contingency payments.
Professional
Liability Coverage for outside interests
Most
professional liability insurance policies exclude all
professional services that your firm performs for clients
where the said outside interest specifics apply (director,
officer, equity interest). The CPA Gold
restricts the exclusion to ONLY Audit &
Review Services. All other professional services
are covered.
Special Endorsements
available for:
Worldwide coverage
Coverage for acts, errors, and
omissions committed by you anywhere in the world.
These are just some of the enhancements provided by
the CPAGold Professional Liability Policy*. For more information
please contact us.
*This information is for descriptive
purposes only. Only the actual policy form can provide exact
policy terms and conditions.
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