As the owner of an accounting firm, you ensure that your clients are protected from financial risks. What about the risks that your own business faces? You may understand your firm should be covered by a general liability plan. This takes care of any claims from third parties alleging that they have suffered some financial damage or bodily injury caused by your business. But, is your firm protected from professional liability claims? Here is why an accountants firm needs Professional Liability Insurance or Errors and Omissions Insurance.
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