What does Accountants Liability Insurance mean? Read on to discover the definition & meaning of the term Accountants Liability Insurance - to help you better understand the language used in insurance policies.
Accountants Liability Insurance
Accountants liability insurance refers to a policy that protects those involved in the profession of accounting. The people eligible for it include, but are not limited to, professional accountants, bookkeepers, and auditors. Protection may range from providing legal assistance in the event of a lawsuit or a legal proceeding to providing money for loss of income under unfortunate circumstances related to work.
We hope the you have a better understanding of the meaning of Accountants Liability Insurance.