We Protect (Y)our Business: Cerebra has Professional Indemnity Insurance

Professional Indemnity Insurance cover is probably the most important cover for accountancy with today's growing compensation culture. It pays the legal costs and compensation arising from any negligence claims made by clients against accountants.

Professional Indemnity Insurance actually protects boths accountants and clients. If one of clients were to raise a complaint or to claim that professional standards have not been met or that your accountant has failed, accountant's Professional Indemnity Insurance would defend any action and ultimately settles damages that could arise from what is referred to as accountant's "Legal Liability” arising from the Law (number 3568) of Certified Public Accountancy and Sworn in Certified Public Accountancy. That's why you, as a client, should ensure that your accountant have professional indemnity insurance before entering into a contract.

Cerebra has a signed Professional Indemnity Insurance with Chartis Insurance Co. and provide compensations to its clients under our legal liability.