NTAA's Insurance Solutions
We work with leading insurance companies & underwriters to ensure we can tailor the cover to your businesses needs at a competitive price.
Professional Indemnity Insurance
Our Professional Indemnity Insurance policy has been designed to provide your accounting practice protection against losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice.
Key Features
- Broad civil liability insuring clause
- Defence cost in addition to limit of indemnity
- Automatic reinstatement
- Consumer protection legislation
- Consultants, Contractors and agents (Vicarious Liability)
- Continuous Cover
- Contractors and Consultants
- Cost of Official Inquiries
- Court Appearance Costs
- Cyber Disruption
- Defamation
- Extended Reporting Period
- Heirs, Estates and Legal Representatives
- Innocent Party Indemnity
- Intellectual property rights
- Joint Ventures
- Loss of Documents
- New Subsidiaries
- Privacy
- Reputation Protection Expenses
- Automatic Run-Off
- Statutory Liability
- SMSF Audits
Not Covered (unless specifically agreed with the insurer)
- Mergers & acquisitions
- Auditing of publicly listed companies
- Business valuations
Tax Audit Insurance
NTAA has partnered with AuditCover to provide simple and fast Tax Audit insurance for your clients.
AuditCover provides comprehensive tax audit insurance to protect salary earners, sole traders, companies, directors, and SMSFs from Professional Fees when audited by a Government agency.
Rather than covering the whole accounting practice, AuditCover covers taxpayers directly and keeps them covered without onerous administration for the Accountant. As an added benefit, NTAA Members will receive 3% of the base premium, in the form of a credit, that can be used on any NTAA product or service within a 12-month period.
Cyber Insurance
Any company can be impacted by a breach of sensitive customer or employee information and as technology becomes more complex and sophisticated, so do the threats we face. That is why every business and organisation needs to be prepared with cyber insurance.
Our Cyber Enterprise Risk Management (ERM) Policy protects your business assets against the complexity of cyber threats.
What does cyber insurance cover?
- Business interruption loss due to a network security failure or attack, human errors, or programming errors
- Data loss and restoration including decontamination and recovery
- Incident response and investigation costs, supported by a 24/7 multilingual incident reporting hotline and on-demand vendors
- Delay, disruption, and acceleration costs from a business interruption event
- Crisis communications and reputational mitigation expenses
- Liability arising from failure to maintain confidentiality of data
- Liability arising from unauthorised use of your network
- Network or data extortion / blackmail (where insurable)
- Online media liability
- Regulatory investigations expenses
Click 'Apply Now' to download the Cyber Insurance application form. Complete and email to compliance@smsfadvisersnetwork.com.au
Contact us for NTAA's Insurance Solutions
Please fill in the form below and we will respond shortly.