Accountants Professional Liability

The Delegated Programs Unit offers E&O coverage to traditional CPA firms in our Premier Plus program and to tax preparers and bookkeepers in our Premier program.

Pearl Insurance serves as the Program Administrator, headquartered in Peoria, Illinois. Both Premier Plus and Premier are available on an admitted basis in 32 states. Expansion into additional states is anticipated.

The policy features include:

  • Broad definition of professional services. Coverage for traditional accounting services along with financial planning and consulting
  • Ability to utilize multiple deductible options-possibility of a complete waiver with eligible scenarios
  • Reputation protection:  covers unfavorable information made available through social media
  • No consent to settle hammer clause
  • Pro bono professional service coverage
  • Employee dishonesty
  • Not-for-profit D&O coverage
  • Equity Plus Endorsement:  includes moonlighting for tax preparation services
  • ERP for individual equity partners available with equity plus endorsement
  • Net and privacy protection

Additional Program Features:

Premier Plus

  • Up to 100 professionals
  • Claims made and reported policy form
  • Claim expenses within or outside the limits
  • Multiple deductible options, including loss only
  • ERP Options: 1-,3-, or 5- year period as well as unlimited terms; qualifying retirees are eligible for a free ERP
  • Limits up to $5MM/$5MM on a primary basis
  • Toll Free pre-claim and risk management hotline


  • Program designed for tax preparers, bookkeepers, and small accounting firms
  • Coverage for Review work is available
  • $1,000 deductible
  • Multiple deductible options, including loss only
  • 3-year ERP
  • 10% premium credit if no review services are provided
  • 40% premium credit for part time accountants with other full time employment that do not provide review services

How to Contact Pearl Insurance

Pearl Insurance
1200 E Glen Ave.
Peoria Heights, IL 61616


Josh Cipri - CPL
Phone: 1.309.679.0312