Features
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The only
Errors and Omissions Policy designed for NSA Members and
endorsed by NSA. |
NSA attracts members with a
wide variety of practices. One of the best
aspects of this
diversity is that it challenges the association to be flexible
and responsive — qualities that must be reflected in a
professional liability program.
Flexibility
The key to the program is in
its flexibility. You purchase just the right amount of protection no matter how broad or focused the services provided
by your firm.
You also can tailor your plan
with flexible coverage limits and deductibles. Choose the
coverage limits that suit your personal assets and the wealth
and complexity of your clients' situations.
Dependability
When you need stable protection, you can
depend on FTJ, NSA's group insurance administrator for more than
28 years.
Exceptional Coverage
As an NSA member, you
and your employees — including temporary employees –
are protected for professional services performed as an
accountant, bookkeeper, enrolled agent, tax preparer or notary
public. This plan also covers independent contractors you hire,
as well as your predecessor and successor in your business.
Hardware and software services that are
related to accounting applications are
covered if such services are incidental to your
accounting and tax services. Coverage for auditing financial statements is available as
supplemental coverage.
Prior Acts Coverage
If after
purchasing this plan you are sued for actions that occurred
prior to the effective date of the policy, you will still be
covered for potential losses, subject to policy terms and
conditions.
Defense Expenses
Defense expenses are
paid in addition to the limits of your coverage.
Reporting Period
A 60-day reporting
period will automatically apply at the end of the policy year,
with no additional premium.
Also available, for an additional
premium, are Extended Reporting Period Endorsements for 12
months, 24 months, 36 months and unlimited time period.
Disciplinary Proceeding Expenses
You are
covered up to $2,500 for expenses that result from the
investigation, settlement, defense or appeal of disciplinary
proceedings. These expenses do not include any fines, penalties
or sanctions assessed against you.
Extended Reporting Period
If you have
been insured with The St. Paul continuously for three years, you
are an individual, and your policy is not renewed as a result of
your death, your total disability or your retirement, we will
add an extended reporting period for an unlimited time with no
additional premium.
Special Endorsement: Audited Financial
Statements
An
optional endorsement that broadens your coverage for the
preparation or verification of audited financial statements for
your clients may be available for an additional premium.
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