Professional Liability - CPA Firms

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Accountants Professional Liability Insurance Program


This Program offers broad claims-made accountants professional liability protection at competitive pricing. Our focus is firms with up to 10 CPA's. Larger firms will be considered.

Features

  • Policy is a "claims made and reported" form, including prior acts for Qualified Firms.
  • Coverage Applies to Claims arising out of any Wrongful Act committed while performing Professional Services on behalf of the Named Insured or a Predecessor Firm.
  • A Supplemental Payment of up to $10,000 is provided for the investigation and defense of Disciplinary Proceedings brought against you and arising out of a Wrongful Act that is otherwise covered by the policy.
  • Standard Annual Aggregate Deductibles ranging from $500 to $50,000 each Claim, including Damages and Claim Expense, are available to qualified applicants. "Loss Only" Deductibles are also available for an additional charge.
  • An automatic 60-day Extended Reporting Period provided at no charge, in the event of cancellation or non-renewal by either you or the carrier. Optional 12-, 24- and 36-Month, and Unlimited Extended Reporting Periods are also available at specified cost-factor.

Limits

  • Limits of Liability of up to $5,000,000 each Claim / $5,000,000 annual aggregate available to qualified applicants.
  • Limits include Damages and Claim Expense in all states except New York. Claim Expense paid in addition to Limits of Liability in New York.
  • A separate "Claim Expense" Limit of Liability of up to $1,000,000 annual aggregate is available to qualified applicants in states other than New York.

Availability

  • Alabama
  • Arizona
  • California
  • Colorado
  • Connecticut
  • D.C.
  • Delaware
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Iowa
  • Kentucky
  • Maryland
  • Massachusetts
  • Michigan
  • Missouri
  • New Jersey
  • New York
  • North Carolina
  • Ohio
  • Oklahoma
  • Pennsylvania
  • Rhode Island
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Washington
  • Wisconsin

CPA Firms Contact:

Regina Maglione-Piacenza
(973) 669-2305
rmaglione@jamisongroup.com
Michael Warshany
(973) 669-2391
mwarshany@jamisongroup.com
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