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Tax Preparers Professional Liability Insurance Program

Tax preparers, including those who do some bookkeeping, will find an exceptional value on Errors & Omissions insurance through the American Tax Preparers Purchasing Group (ATP). The ATP was formed in 1981 to allow tax preparers to purchase individual Professional Liability policies at group rates. Target Professional Programs was chosen to administer the Program in 1996, and The Hartford has provided coverage since 1991.NSTP logo

This Program is endorsed by the National Society of Tax Professionals (NSTP).

ELIGIBILITY

AGENTS & BROKERS PLEASE NOTE: This coverage is only available on a direct basis. However, tax and/or bookkeeper clients may be eligible for Target’s Accountants Professional Liability Program, which is available exclusively through agents & brokers.

AVAILABILITY

  • All states except: AK, HI & LA

CARRIER PARTNER

  • Hartford Financial Products (The Hartford)
    Rated A+ by A.M. Best

PROGRAM PARAMETERS

  • Coverage Limits: Up to $100,000 each claim / $200,000 aggregate
    Note: NY law requires the same limits per claim and per policy year
  • Minimum Premium: Varies by state
  • Minimum Retention: $100 Retention applies to all policies
 

ESTIMATE YOUR COST

Use these tables to easily determine your annual premium. Get an Indication

APPLY FOR COVERAGE

Complete this application, including a Claim Supplement, if applicable, and we’ll get back to you within 72 hours. Apply Now

SUBMIT AN APPLICATION

Email scanned applications to:
TaxPreparers@TargetProIns.com
Or FAX to (630) 961-0284

FEATURES & BENEFITS

Click on highlighted content below for coverage descriptions or additional information.

  • Claims made and reported policy
  • Prior Acts Coverage available for qualified firms
  • Multiple Extended Reporting Period options: 1, 2, or 3 years
  • Notary Public Coverage is included at no additional cost
  • Optional Bookkeeping Coverage includes payroll preparation & processing
  • Low, $100 Retention per claim
  • Easy renewal process for qualified policyholders
  • 24 / 7 claim reporting from The Hartford
  • Risk Management Hotline to assist with inquiries involving loss prevention, claims, ethics, and professional responsibilities
  • Convenient payment options from The Hartford, including annual or semi-annual payment choices

See Target’s Tax Preparers Program Brochure for more details about coverage features & benefits.


CONTACT A TARGET EXPERT

Shelley Cvek, Underwriter
Send me an email | Phone: (331) 333-8240 | Fax: (630) 961-0284
OR
Melanie DiMuzio
Send me an email | Phone: (331) 333-8231 | Fax: (630) 961-0284

Address: 1230 East Diehl Road Suite 350, Naperville, IL 60563

Insurance for Particular Professionals

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