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Business Insurance Specialists Pty Ltd

Business Insurance Specialists Pty Ltd is a business insurance broker providing insurance and risk advice to individuals, families, small business and corporate.

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Tax Agent Insurance for Professional Security

Accountancy Professional Indemnity

Professional Indemnity Insurance for Tax Agents

Business Insurance Specialists Pty Ltd are experts in the area of Professional Indemnity insurance for Tax Agents.

The activities of a Tax Agent include:

  • ascertaining (that is, working out) or advising about liabilities, obligations or entitlements of entities (that is your clients) under a taxation law.
  • representing entities in their dealings with the Commissioner of Taxation (Commissioner) in relation to a taxation law.
  • where it is reasonable to expect the entity will rely on the service to satisfy liabilities or obligations, or to claim entitlements under a taxation law
     

Tax Agent insurance cover summary

The policy covers alleged acts, errors or omissions which may be made by an insured in the normal course of their professional activities:

Tier Annual Turnover Limit Required
1 Up to $75,000 $250,000
2 Up to $500,000 $500,000
3 Over $500,000 $1,000,000

Insurance Regulatory Requirements

This Professional Indemnity meets the requirements of both the Tax Practitioners Board and Tax Agent Services Act 2009.

How do I start insurance cover for my Tax Agency business

We provide coverage at competitive costs, with no paperwork other than a quick and easy on-line application form which can be completed in less than three (3) minutes.

If you wish to also take Public Liability coverage, when completing the form, tick the option provided.

Policy Documentation

Following receipt of the form and commencement of coverage at your request, we will forward policy documentation to your provided email address.

If I have a Tax Agent Insurance claim what happens?

To simplify and expedite the process, we provide an interactive on-line claim form. Complete initially, and we will begin working on your insurance claim straight away.

Due to the nature of this type of insurance, do not admit liability as your Insurer will act on your behalf in dealing with your client.

To obtain a no obligation quotation, contact us today.

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