Fee Protection Insurance

harpo
harpo Registered Posts: 2 New contributor 🐸
in General accounting discussion
Does anyone have any experience of companies that offer fee protection insurance. I believe that i should offer this to my clients. All feedback is welcome.

Comments

  • Monsoon
    Monsoon FMAAT, AAT Licensed Accountant Posts: 4,071 🎆 🐘 🎆
    We are with PFP and have been pleased so far.
    Some companies require a minimum £1000 to open a policy which we felt was unreasonable and we weren't in a position at the time to do this, but PFP allow you to only pay for those clients who want it and the rates are reasonable. They will also mailshot your clients for you on your headed paper to save you the administrative time in doing it for no fee.

    No idea of what it's like with them to make a claim as we've never had to do it!
  • harpo
    harpo Registered Posts: 2 New contributor 🐸
    Thanks for the quik response. I will look at PFP.

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