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BAS Agent Insurance

  • Professional Indemnity
  • Late lodgement of documents
  • Errors on financial statements
  • Incorrect Advice on financial statements

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Risk is a normal part of the financial industry. As a BAS agent, you need an effective insurance plan to protect your clients and assets from costly damages.

BAS agents in Australia encounter face several types of risk every day. Some of these risks include:

  • Data security breaches (Exposure of confidential client information can result in lawsuits, compliance costs, damage to agent’s reputation, etc.)
  • Incorrect, incomplete or inaccurate business activity statements leading to potential client lawsuits
  • Failure to provide clients promised professional services
  • Client injuries due to slip, fall and trip accidents
  • Property damage due to break-ins, fire, extreme weather, power outages, etc.

Alongside these issues, the Tax Practitioners Board (TPB) requires all registered BAS agents (individual, company and partnership) in Australia to maintain professional indemnity (PI) insurance. The insurance coverage is based on turnover.

Types of BAS agent insurance

BAS agents should consider investing in the following types of insurance:

  • Professional Indemnity
  • Public & products liability
  • Property insurance
  • Cyber liability
  • General Property – Laptops
  • Workers’ compensation

365insurnace: Your BAS agent insurance specialists in Australia

Are you looking for leading insurance companies for BAS agents? You have come to the right place!

At 365insurance, we provide you a simple, quick and stress-free solution for buying BAS agent insurance online.

By using our online application system, you can gain access to multiple BAS agent insurance providers and policies instantly.

In order to maintain quality standards, we work only with licensed and reputable BAS agent insurers in Australia.

Contact us now to receive free quotes from multiple BAS agent insurers. Once you have decided that the cover is right for you, you can buy it instantly online.

In case you have any questions, complaints or suggestions, you can contact our friendly, professional customer service staff anytime.

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