AuditCover and Aon
AuditCover is Aon’s preferred partner for tax audit insurance solutions.
Or contact AuditCover on 1300 895 797 or at [email protected]
From local accounting practices to national firms, AuditCover supports a wide range of accountants across Australia. Our clients trust us to deliver reliable, hassle-free fee protection, allowing them to focus on what they do best—serving their clients.
Aon has partnered with AuditCover, a specialist provider of tax audit insurance. Through this referral relationship, accountants and accountancy firms have direct access to AuditCover to explore insurance solutions for both their own practice and their clients. AuditCover’s tax audit insurance is designed to cover professional fees incurred in connection with tax audits and compliance reviews.1
Benefits of using AuditCover
Empowering accountants to protect more clients with less effort.
AuditCover’s mission is to streamline tax audit insurance for accountants, enabling them to provide clients with access to coverage without the burden of complex administrative processes. We make it easy to manage, so you can focus on providing exceptional client support.
AuditCover is a smarter, streamlined fee protection solution designed to work with your practice, so you can protect your clients with ease.
Why Aon?
Don't just insure, be sure.
Industry expertise
Feel confident about your choice of insurance by talking with specialists in your industry
Local support
All brokers based in Australia
Global broker
Our global scale means we can negotiate competitive quality insurance products with insurers
Client education
We provide specialist resources on business insurance and risk management to help you stay on top of current and emerging risks in your industry
Frequently Asked Questions
What does “claims made policy” mean?
A claims made policy is an insurance policy which covers claims/incidents that are advised during the policy period (as long as you were not previously aware of them), even if they happened prior to the commencement date of your current policy. That’s why it’s important to also have an unlimited retroactive date (for unknown claims or circumstances), which means that your policy doesn’t exclude incidents that happened before the inception date of your current policy.
What is an unlimited retroactive date?
The policy includes unlimited retroactive date for unknown claims or circumstances. This means it does not matter when the act, error or omission giving rise to the claim occurred, provided you did not know of the impending claim prior to the Period of Insurance.2
Why might I need run-off cover?
Even after you've retired or are no longer practising, you could still be subject to claims from the time you were in business. Under the Combined Professional Indemnity, Public & Products Liability Policy arranged through Aon, run-off cover allows you to arrange complimentary run-off cover for a period of up to 7 years in relation to incidents that happened while you were practising.2
Do I need to contact Aon to arrange my run-off cover?
Run-off cover provides insurance cover for your business after you have ceased your business, retired or left your profession. The Professional Indemnity section of the, Professional Indemnity with optional broadform liability insurance for Mediators includes complimentary run-off cover, however you will need to contact Aon to discuss and arrange the run-off policy before you cease your professional services and/or business and before the policy expires.2
Why do you need to advise your broker of an incident that may lead to a claim?
When the policy is placed on a claims made basis, the policy will respond to insured incidents/claims that are advised to the insurer during the period of cover. If you do not advise of a known incident, and if a complaint or legal action is taken at a later time, it is possible that the claim could be denied by the insurer.
Do I need to contact Aon to arrange my run-off cover?
Run-off cover provides insurance cover for your business after you have ceased your business, retired or left your profession. The Professional Indemnity section of the, Professional Indemnity with optional broadform liability insurance for Mediators includes complimentary run-off cover, however you will need to contact Aon to discuss and arrange the run-off policy before you cease your professional services and/or business and before the policy expires.3
Do I need to contact Aon to arrange my run-off cover?
Run-off cover provides insurance cover for your business after you have ceased your business, retired or left your profession. The Professional Indemnity, Public & Products Liability insurance for Psychologists includes complimentary run-off cover, however you will need to contact Aon to discuss and arrange the run-off policy before you cease your professional services and/or business and before the policy expires.1,2
Ways to get in touch
Or contact AuditCover on 1300 895 797 or at [email protected]
1Aon’s role is limited to introducing AuditCover and does not include providing advice on, or arranging, tax audit insurance. Aon may receive a commission from introductions made to AuditCover.
AuditCover is an insurtech insurance underwriting agency delivering smart tax audit protection. AuditCover insurance is issued by AuditCover Australia Pty Ltd (ABN 63 638 872 634, AFSL 535509) on behalf of the insurer HDI Global Specialty SE (ABN 58 129 395 544, AFSL 458776).
2Subject to the full terms, conditions and limits of the policy. Please review the full policy wording for more information.
For more information and FAQ’s, click Tax Audit Insurance FAQs | Your Audit Protection Answered
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