Christopher has set up an accounting business offering professional accounting advice.Which of the following type of insurance is he most likely to need?

Question

Quizplus · Accepted Answer

Christopher is likely to need professional indemnity insurance as he is offering professional accounting advice. This type of insurance can protect him and his business against any claims of negligence, errors, or omissions that may occur in the course of providing his services. Public liability insurance and product liability insurance are more relevant for businesses that deal with physical products or services that could potentially harm customers or members of the public. Life insurance is not directly related to the needs of his accounting business.

Christopher Has Set Up an Accounting Business Offering Professional Accounting