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Cooperative Agreement On Cpas Liability Insurance

2014/4/3 18:07:00 60

CPAPractice Liability InsuranceCooperation Agreement

< p > Party A: the association of Certified Public Accountants (hereinafter referred to as Party A), "/p".


< p > Party B: insurance company, Limited by Share Ltd, Ltd., hereinafter referred to as Party B, < /p >


< p > Article 1 and Party B agree to discuss insurance matters together.

< /p >


After signing the insurance agreement between Party A and Party B, Party A shall provide Party B with all relevant information of all its members, and Party B shall provide Party P with relevant information in second.

Both sides have the obligation to keep confidential business secrets.

< /p >


< p > Third, on the premise of insisting on voluntary insurance, Party A recommends to Party members' accounting firms (hereinafter referred to as insurers) a large business risk insurance department authorized by Party B as an insurer for the practice liability insurance.

< /p >


< p > Fourth applicable liability insurance clauses are "Peoples Insurance Company of China CPA practice liability insurance clauses (b)" (Annex I) and "Peoples Insurance Company of China CPA professional liability insurance additional insurance clause" (annex two).

The specific usage rate is "Peoples Insurance Company of China CPA practice liability insurance clause (b) rate" (Annex three).

Party B agrees to give Party A 8% discount on the basis of standard rate.

< /p >


< p > Fifth when Party B has signed an insurance > a href= "//www.sjfzxm.com/news/index_c.asp" > Contract < /a > with the insured, it will negotiate the contents of the insurance contract with the insured according to the specific circumstances.

Party B agrees to reduce the premium rate or give other preferential conditions on the basis of standard rates, for those who are well managed, with a large volume of business and relatively low risk or for two consecutive years (excluding retrospective periods).

< /p >


< p > sixth, after negotiation between Party A and Party B, Party B agrees to give preferential treatment for the retroactive period when Party A's first insurance coverage is extended.

If the extended retroactive period is one year, the premium should be calculated according to the 60% of the actual business income in the retrospective period; if the extended extension period is two years, the premium should be calculated according to the 50% of the actual business income in the retrospective period; if the extended extension period is three years, the premium should be calculated according to the 40% of the actual business income in the retrospective period; if the extended extension period is four years, the premium should be calculated according to the 28% of the actual business income in the retrospective period.

The provisions of this article shall not be consistent with the rates of Peoples Insurance Company of China CPA liability insurance additional risks clauses.

< /p >


< p > seventh parties to an insurance contract may entrust Party A with mediation when they have disputes over the matter of insurance compensation. The agreed results of mediation will be binding on both sides of the insurance contract. When parties fail to reach a consensus on conciliation, they should be submitted to the Henan certified public accountants professional liability appraisal committee or the people's court for adjudication.

< /p >


< p > eighth articles a and B agree to establish an irregular a href= "//www.sjfzxm.com/news/index_c.asp" > liaison system < /a >, to exchange relevant information about developing CPA's professional liability insurance business, and to negotiate and solve related problems arising from insurance.

Invite relevant experts to evaluate the risk status of accounting firms, put forward suggestions for improvement, and assist in improvement.

< /p >


< p > Ninth Party B shall be responsible for the insurance business guidance and training for Party A and its members, and set up a special person to assist Party A in carrying out the work.

< /p >


< p > tenth Party B shall not refuse to underwrite in the course of underwriting business except for the maliciously fraudulent and very poor insured person.

< /p >


< p > eleventh, Party A shall ask the insured to fill out the application form truthfully and cooperate with Party B to do the job well.

< /p >


< p > twelfth, with the consent of both parties, the relevant contents of this Agreement may be altered and supplemented in writing, and the contents of alteration and supplement shall have the same effect as this agreement.

< /p >


< p > thirteenth, < a href= "//www.sjfzxm.com/news/index_c.asp > > agreement > /a".

< /p >


< p > fourteenth, this Agreement shall come into force on the date of signature.

< /p >


< p > Party A (Gai Zhang): the second party is (Gai Zhang): "/p".


(P) represents (signature): the representative (signature) of the "/p".


(P) the year of the moon, the moon, the moon, the sun, the moon, the sun and the moon. /p


< p > place of signature: the place where the sign is to be signed: "/p".

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