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Professional Liability Insurance for Financial Controllers

Quote and buy professional liability insurance online in minutes.

What is financial controller professional liability insurance?

As a financial controller, you operate at an incredibly high level and are often required to make recommendations and decisions that could have a long term impact on the prosperity and functionality of your company. Unfortunately, as a financial controller you could also face legal action if a client believes you’ve committed an error or omitted important information during the course of your duties.

Many companies currently have some form of commercial general liability insurance in place. Unfortunately, these types of policies typically don’t cover claims based on any professional services or advice. As a result, you could be sued and held personally responsible for any financial damages that have occurred during your role as a financial controller.

Fortunately, EasyCover by Acera Insurance offers financial controller professional liability insurance. This unique form of insurance can help cover any legal expenses should you be sued by a client for any services or advice you may have provided as a financial controller.

Best of all, you can get the coverage you need using our easy-to-use online tool. Get a free professional liability insurance quote, secure your policy and pay for it—all in less than five minutes. It’s the fast and easy way to get affordable and effective coverage.

Common
claims scenarios for financial controllers

Reconciliation

An improper bank reconciliation has caused an overstated cash balance that inflated company’s assets and income. Decision-making was affected and triggered reputational risk.

Wrong report

An error in your financial report shows lower cash and assets values than the actual amounts. This causes an issue getting funds from financial institutions for the company’s normal operation.

Breach of contract

Your client expects a financial report from you. You miss the deadline which causes financial loss to the company. The company holds you responsible.