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Tax Agents Insurance

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

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Insurance is a must-have tool for registered tax agents in Australia. Not only does a comprehensive insurance policy ensure protection against financial and legal losses, but it is a legal requirement as well.

Since 2011, the Tax Practitioners Board (TPB) has made it mandatory for registered tax agents in Australia to maintain professional indemnity (PI) insurance. Insurance coverage premiums are based on declared fee turnover.

In addition to this, tax agent insurance offers monetary protection against unexpected events. Tax agents face a myriad of issues and risks every day, which include but are not limited to:

  • Fire, theft, power outages, vandalism, etc. leading to property damage
  • Slip, fall and trip accidents resulting in client injuries
  • Data and security breaches resulting in damage claims, loss of business and damage to agent’s reputation
  • Incorrect, incomplete or inaccurate tax returns leading to potential client litigation
  • Failure to provide promised professional services
  • Client financial losses as a result of your actions

These risks can cause losses worth thousands of dollars to tax agents. It is, therefore, critical for them to invest in tax agent insurance.

Types of tax agent insurance

Tax agents need access to different types of insurance, including but not limited to;

  • Professional Indemnity
  • Property insurance
  • Cyber liability
  • General Property – Laptopms
  • Public & Products Liability
  • Workers’ compensation

Depending on your purpose and budget, you can select insurance that suits your needs.

365insurnace: A quick, easy insurance source for registered tax agents in Australia

Searching for tax agent insurance in Australia? 365insurnace is your quick, easy insurance source for registered tax agents in Australia.

With a strong commitment to delivering the highest quality services to our clients, we offer flexible and affordable insurance quotes for Australian tax agents online. We work only with top rated tax agent insurers in Australia. So, you can expect the best insurance pricing and services from us.

Contact us to find a tax agent insurance policy that meets your goals. Once you complete the online application form, you will receive free insurance quotes instantly from leading Australian insurers.

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