Professional Indemnity Insurance arranged by the South African Institute of Professional Accountants (SAIPA) is exclusive to (SAIPA) members.

VKN Financial Services (Pty) Ltd (VKN) is a niche

short term insurance Authorised Financial Services Provider (FSP) broker and provides the cover which is underwritten by Leppard and Associates Pty Ltd (The Underwriters) which covers SAIPA members in good standing.

The Professional Liability programme for 2021 is:

1. Practicing Member – ZAR 7 500 000.00 each and every claim and in the aggregate for the contract period and the Directors and Officers liability for a limit of indemnity of R 2 500 000.00 each and every claim and in the annual period of insurance. each and every claim and in the annual period of insurance.
2. SAIPA Centre of Tax Excellence (CoTE) – ZAR 4 000 000.00 each and every claim and in the aggregate for the contract period and Directors and Officers liability for a limit of indemnity of R 2 500 000.00 each and every claim and in the annual period of insurance.
3. SAIPA Centre of Business Advisory (CoBA) – ZAR 4 000 000.00 each and every claim and in the aggregate for the contract period and Directors and Officers liability for a limit of indemnity of R 2 500 000.00 each and every claim and in the annual period of insurance.

How do I access my Certificate of Insurance?

• Log on to vknfs.co.za
• Go to the (SAIPA) icon on the top right-hand side of the menu bar
• Enter your membership number and email address and you will receive your 2021 certificate and policy wording via email.
• Should you experience challenges accessing your Professional Liability policy wording and certificate, please email delwena@vknfs.co.za