Accountants: talking insurance to your clients matters

For a number, the pandemic shone a light on the importance of insurance. In this instance it was business interruption insurance. At one point it looked like some 370,000 SMEs were going to be denied cover, but the Courts provided a good outcome for businesses.

Many business owners will be reviewing their business strategy coming out of lockdown. Therefore, it could be a good time for accountants in practice to flag the benefits of clients reviewing general insurance policy requirements, over the next few months or at the next policy renewal point.

In this article for AccountingWEB, Richard Bertin explains why accountants should sit down with clients and reviewing their business and risk issues, such as insurance.