Whether you are a General Bookkeeper, Full Charge Bookkeeper or a Certified Bookkeeper your job duties can put you at risk. You are working with someone else’s finances and other critical information. Errors can not only harm a client’s business they can bring legal action on yourself. A bookkeeper takes on many important functions for their clients.
General Bookkeepers might record transactions, post invoices and payments, create monthly bank reconciliations, categorize transactions, send invoices and verify credit card statements. Full Charge and Certified Bookkeepers take on more duties putting them more at risk when they handle payroll and tax payments, prepare budgets and financial statements and prepare new hire and tax documents. E&O coverage is a sound idea for all types of bookkeepers.
If you are a bookkeeper considering Errors & Omissions coverage consider how professional bookkeepers deal with a tremendous amount of complexity. They analyze and enter sensitive data with a high degree of confidentiality, thoroughness and attention to detail. This data is vital to the companies and individuals you work for, so even small errors can have catastrophic consequences.
When a company suffers from financial trouble like fraud or bankruptcy their lawyers will look to recoup losses by finding others to sue. Said plainly, they will look for someone to blame. Whether a mistake is real or perceived, you will have to spend your own money defending yourself against a lawsuit. Affordable Errors and Omissions coverage from ACE Financial gives you peace of mind and can help reduce the stress of an already stressful job.
Even the best bookkeepers with the highest standards can inadvertently mishandle financial records. An Errors & Omissions Policy may protect you when you need it most. You should strongly consider purchasing an Errors and Omissions Policy. With ACE Financial, Bookkeeper Errors and Omissions, you will have quick and convenient coverage at an affordable rate. Just click on the "Instant Quote" link below to get started
Errors and Omissions Insurance Policies are also riddled with many limitations, exclusions, riders, rate-ups and limits, written in a legalize boilerplate format in order to shield the insurance company from ever paying out in a claim. As the business owner, you need to be very savvy against their manipulation by considering an alternative to their insurance policy games.
Therefore, ACE Financial does not offer an insurance product, but a very effective alternative to insurance by using a risk-sharing group of like-minded industry professionals. We protect our own family by grouping together these low-risk professionals in a policy that is designed and customized to protect them in an honest, practical, cost saving manner. This allows ACE Financial to offer one of the lowest rates in the industry. This risk-sharing method has legally and effectively been used for hundreds of years successfully with farmers, churches, many other professions and governmental agencies.
At ACE Financial, we offer errors and omissions coverage tailored to your specific needs and budget. We understand the unique risks and challenges that you face as a professional in your occupation. We can help you find the best policy that suits your personal and professional needs. We can also provide you with a certificate of liability coverage that you can use to prove your coverage to your clients or partners.
Don't let an unexpected claim or lawsuit ruin your business. Contact us today to get a free quote and learn more about our errors and omissions coverage options. We are here to help you protect your business with confidence and peace of mind.
For personalized advice, to explore the best coverage options for your business, and to get a low rate quote, reach out to our expert customer service advisors today.
For specific insurance details, terms, and conditions, please consult with a licensed insurance professional. The information provided here is for informational purposes only and does not constitute legal or financial advice.