As an Accountant or a Bookkeeper, it’s your job to guide clients through tough financial decisions. Whether you manage payroll, provide tax services, or evaluate potential investments, your advice is directly tied to their bottom line.

But sometimes what you communicate isn’t always what’s understood. Despite your best intentions, your advice or actions might be misinterpreted and you could face legal action. Even if you’ve done nothing wrong, clients can sue as long as they think you’ve made a mistake or caused them financial harm.

We can help. PROLINK can tailor a Professional Liability Insurance solution that fits your professional designation, your business, and risk profile. Our comprehensive program exceeds CPA requirements and will protect you and your firm from any allegations of negligence, error, or misrepresentation, even if the claims made against you are groundless.

Policy highlights include coverage for:

• Defence Costs: Limitless coverage for defence costs. Many other providers include defence costs within their liability limits, reducing the insurance funds available to you for a settlement.
• Extended Reporting Period (ERP): A six-year ERP to protect your firm if a claim is made after you cease practice. Your ERP premium will be waived if you’ve been insured through PROLINK for at least one year, uninterrupted.
• Prior Acts Coverage: We will cover all prior acts for your business even if you were previously insured with another company.
• Damages and settlements awarded to a claimant;
• And more!

Contact PROLINK to learn more today!

Running an accounting or bookkeeping firm is no easy feat. It takes hard work, focus, and a lot of planning. But no matter how carefully you plan, business is unpredictable. And if your products, services, or staff cause harm to a client, visitor, or other third-party, you could find yourself in the middle of an expensive lawsuit, especially if you or your staff:

• Own, rent, or lease a commercial space that’s open to the public (e.g. a firm, an office, or a studio);
• Have a home-based practice where clients visit;
• Visit your client’s workspace or home, or conduct business anywhere else offsite;
• Handle client property;
• Advertise or create your own marketing materials;

The truth is: accidents happen—but your business shouldn’t have to pay the price. Even something as simple as a client tripping over your laptop cord could leave you liable for thousands out-of-pocket.

A robust Commercial General Liability (CGL) plan can shield you from the financial burden of incidents that may be outside of your control. CGL will protect your firm from third-party allegations of bodily injury, property damage, or reputational harm caused by your professional activities or business operations.

Policy highlights include coverage for:

• Incidents that occur on your premises and anywhere else you and your staff conduct business, including a client’s office, worksite, or home;
• Legal fees, court-awarded damages, and out-of-court settlements;
• Personal Injury and Advertising Injury Liability;
• Medical Payments;
• Tenant’s Legal Liability;
• And more!

Contact PROLINK to learn more today!

If you have your own accounting or bookkeeping business, chances are you also own, rent, or lease office space. Whether it’s a major corporation, an up-and-coming firm with a small staff, or a home-based office, every business has valuable assets. And whether it’s due to a major storm, a power outage, or a break-in, every business is vulnerable to damage.

The cost of repairs and replacing your products can leave a lasting deficit on your business for years to come—for smaller firms, that impact might be financially devastating. Even if you can cover the expenses yourself, there’s the added blow of losing any income you would’ve earned before having to relocate or temporarily close down to fix the damages. Plus if your new location is out of the way, it might inconvenience your existing clients and keep any new ones away.

And if your office is home-based? Keep in mind that your business and contents might not be covered under your Home & Auto policy, especially for any equipment taken on the road.

That’s where we come in. PROLINK will take the time to carefully audit your office contents and ensure that your commercial property, equipment, and furnishings are covered for their full value. We’ll also make adjustments to your coverage as your business continues to grow so you’re protected no matter what.

Contact PROLINK to learn more today!

According to the CIRA Cybersecurity Report, 80% of Canadian organizations reported experiencing at least one cyberattack that impacted their databases in 2020. And when it comes to a breach, data loss is just the tip of the iceberg. The average breach can cost up to $3.9 million USD. Depending on the damage, your business may also have to pay legal fees, damages, fines and penalties under the PIPEDA Digital Privacy Act, and more.

But in your industry, the real cost of a breach is lost business. The effects of reputational harm are severe, long-lasting, and often irreparable, especially if you fail to take swift action, apologize, or even notify breach victims right away. And once you’ve lost that trust, it’s not easy to regain, or attract new clients for that matter.

Data Security and Privacy Breach Insurance can protect you against these losses by providing you with the resources and support you need to get your business back online, rebuild your reputation, and regain your clients’ trust. A dedicated, standalone cyber policy can help you access:

• Funds for court-awarded damages and legal fees in case of a civil suit;
• Funds to set up credit monitoring and notification for affected parties;
• Legal coaching on how to handle the breach;
• Business interruption coverage for lost revenue if your agency is unable to use data that has been corrupted or deleted in an attack;
• A forensic investigation team to help you determine the size and scope of a breach;
• Public relations consulting to manage any reputational damage;
• And much more!

Contact PROLINK to learn more today!

As a Business Leader, you know how difficult it is to navigate the workplace environment. When tensions run high, employees can be unpredictable and aggressive. No matter how much you trust your team—even if you handpicked them yourself—you might just be one close call away from being sued.

Unfortunately, today’s society places a harsh spotlight on business practices. And staff allegations can have a serious impact on your finances and your reputation as a fair employer. With Employment Practices Liability Insurance (EPL), you can protect your organization against the threat from within.

EPL will shield your business from actual or alleged claims of:

• Discrimination (based on sex, race, age, disability, and more);
• Sexual or workplace harassment;
• Wrongful demotion, discipline, or termination;
• Failure to employ or promote;
• Retaliation;
• Invasion of privacy;
• And more.

Contact PROLINK to learn more today!