Every professional takes great pride in his work and strives to do his best but accidents are unexpected. An inadvertant error in professional services may cause severe financial impact.
Professional Indemnity Insurance is meant to cushion the impact of such losses by providing protection to the professional.
Under Section 510 of the MIA By-Laws (On Professional Ethics, Conduct and Practice), every MIA member in public practice is required to obtain Professional Indemnity Insurance with a minimum coverage of RM250,000 for each member/partner practice through which that member practices upon commencement of public practice.
The Malaysian Institute of Accountants (MIA) has appointed Marsh Insurance Brokers (Malaysia) Sdn Bhd as the insurance broker and consultant with regards to the MIA Professional Indemnity Insurance Scheme (PII) with effect from 1st July 2005. The PII Scheme is underwritten by ACE Jerneh Insurance Berhad (ACE Jerneh) (formerly known as Jerneh Insurance Berhad).
Ini bermakna mana - mana akauntan yang berdaftar dengan Malaysian Institute of Accoountants (MIA) dan menjalankan praktis atau menawarkan khidmat profesional seperti khidmat akaun ,GST, audit, company secretary serta khidmat konsultansi yang lain, mereka wajib memiliki insuran untuk melindungi khidmat mereka. Oleh itu, sekiranya anda ingin mengambil khidmat profesional khususnya khidmat akaun, GST, audit dan company secretary , pastikan mereka yang menawarkan khidmat ini bukan sahaja berdaftar dengan MIA tapi yang mempunyai daftar AFxxx, NFxxx dan memiliki professional indemnity insurance.
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