高顿网校小编为您解答:What is professional indemnity insurance?
 
  Ans: Under the corporate practices (professional indemnity) rules, each corporate practice shall have a valid and binding contract of professional indemnity insurance under the professional indemnity insurance master policy of the Institute. Any additional binding contract of professional indemnity insurance is required to ensure compliance with the minimum requirements set out in the rules.
 
  The professional indemnity insurance master policy is administered by the insurance brokers, Aon Hong Kong Limited. Institute members are welcome to call Aon’s hotline at (852) 2861-6574 or (852) 2861-6534 during 10 a.m. and 5 p.m. from Monday to Friday (except public holidays) to ask for a quotation or more information about the master policy.
 
  Registered CPA firms of the Institute may also subscribe to the master policy according to their needs.
 
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