Comprehensive Coverage for Accounting Professionals This Tax Season

Mar 2024

As tax season approaches, we understand the heightened responsibilities and unique challenges faced by professionals in the accounting, bookkeeping, and tax preparation industries. At SWG, we take pride in our commitment to providing unparalleled coverage tailored specifically to the needs of your clients within these specialized fields.

SWG PL: Comprehensive Coverage Tailored to Your Financial Business Clients

Our Professional Liability Insurance (SWG PL) provides a combined Errors & Omissions (E&O) and Commercial General Liability (CGL) coverage, safeguarding not only against errors in advice or services but also against potential bodily injury or property damage claims. This dual protection is crucial in today’s litigious environment, where even the most diligent professionals can face allegations of negligence or misconduct.

What sets our professional liability insurance apart is its flexibility and tailored coverage options, designed to meet the specific requirements of accountants, bookkeepers, and tax preparers. Here’s a closer look at some key features:

Extended Reporting Period

SWG PL understands that the nature of professional services often involves long-tail liabilities. That’s why an extended reporting period is available upon cessation of activities, ensuring continued protection even after your practice has ceased operations.

Small Business Property Insurance Package

In addition to liability coverage, SWG PL offers a small business property package, providing comprehensive protection for your office space, equipment, and other valuable assets. This integrated approach allows professionals to safeguard both their professional reputation and physical assets under a single policy.

Legal Expense Insurance

Facing a legal dispute can be financially draining, regardless of the outcome. With SWG, legal expenses insurance is available to cover the costs associated with defending against allegations of professional misconduct or liability claims. This additional layer of protection provides peace of mind and ensures that professionals can focus on their work without the burden of legal worries.

SWG Professional Liability insurance offers limit range from $250,000 to $5mm on claims made basis; Defense Costs in addition and Cyber extension coverage. With extended reporting periods, small business property packages, and legal expenses insurance, SWG is the partner you can trust to safeguard your practice against unforeseen risks.

As trusted insurance brokers, your role in guiding clients to secure the right coverage is crucial. SWG PL stands as a reliable partner, committed to ensuring that professionals in the accounting, bookkeeping, and tax preparation industries have the tailored protection they need to navigate the complexities of their work with confidence.

If you have any questions or would like to discuss specific client needs further, please do not hesitate to reach out to our dedicated team, or visit our website

We look forward to continuing our partnership and providing unparalleled insurance solutions for your valued clients.