MLchartDataset catalogue

Accountants professional liability insurance

Term · Insurance and risk management · MLC-T-INS-000299

Coverage designed to protect accounting professionals and firms from claims alleging financial loss due to errors, omissions, or negligent acts in their professional services. This includes claims arising from tax preparation, auditing, bookkeeping, or financial consulting. The policy typically covers defense costs and damages awarded, up to the policy limits, for covered claims.

Table 1. Record
IdentifierMLC-T-INS-000299
FieldInsurance and risk management
SubjectProfessional Liability
Record as JSON 
{
  "id": "MLC-T-INS-000299",
  "term": "Accountants professional liability insurance",
  "field": "Insurance and risk management",
  "definition": "Coverage designed to protect accounting professionals and firms from claims alleging financial loss due to errors, omissions, or negligent acts in their professional services. This includes claims arising from tax preparation, auditing, bookkeeping, or financial consulting. The policy typically covers defense costs and damages awarded, up to the policy limits, for covered claims.",
  "subject": "Professional Liability",
  "url": "https://mlchart.com/terminology/insurance/accountants-professional-liability-insurance/"
}

Record 29 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.