Firms back fee insurance. By John Newth
The majority of accountants view fee insurance as a valuable part of their everyday client services, according to a new survey of AccountingWEB members.
Over 90% of the 167 firms surveyed deal with tax investigations on behalf of clients, and just over 80% are conversant with professional expenses insurance. Just under half of the firms surveyed hold a policy personally, but over 60% have informed clients about this type of insurance and recommended PEI to all clients.