Yes—just like any professional trade, accountants should have the right insurance in place. However, it’s important to know when you actually need it and what level of cover is appropriate. Buying insurance too early or choosing unnecessary cover can lead to avoidable costs.
In the programme, we explain exactly when Professional Indemnity Insurance becomes relevant, what cover you’ll need, and how it fits into setting up your practice—helping you become compliant without paying for services you don’t yet need.