vs
Audit Safe
AuditCover is a fully underwritten digital tax audit insurance solution. It covers taxpayers directly, and keeps them covered with no cost to the practice.
Audit Safe runs a prepaid ‘compliance service’ that has your clients pay a fee upfront, which your practice then holds and draws on to fund the work. If professional fees run over that prepaid amount, your practice is up for the shortfall.
STEP-BY-STEP GUIDE
How to switch from Audit Safe to AuditCover
Audit Safe
Type of cover
AuditCover is fully underwritten insurance, backed by a licensed insurer. Audit Safe is a prepaid “compliance service” fee collected by the practice, it isn’t insurance.
Who carries the risk?
AuditCover transfers audit-defence risk to the insurer, but with Audit Safe, if the cost of the audit exceeds the fee collected, the practice covers the shortfall itself.
Admin burden
AuditCover provides real-time setup tools, with the ability to launch in under an hour. Audit Safe requires the practice to price, generate and send a new compliance-fee proposal to every client.
Automated renewals
AuditCover offers automated renewals direct to the client, without accountant involvement. Audit Safe rolls over last year’s offer, but the practice must still review, reissue and chase acceptance every year.
Limit of cover options
AuditCover provides up to three limit options, so cover can flex up or down based on need. Audit Safe’s limit is whatever the practice sets and can fund, with no insurer guarantee behind it.
Unlisted / related entities
AuditCover extends cover to the listed entity and its related entities. Audit Safe does not specify cover for related or unlisted entities.
Get started with AuditCover in under 60 seconds
No hidden commissions or markups
No messy mailouts
No manual client grouping required
No self-funding your own clients’ claims
Why AuditCover?
Providing clients with a tax audit insurance solution can suck valuable hours away from the work that really matters to your practice. AuditCover is a new and improved way to offer top quality tax audit insurance to clients without the admin load and compliance burdens of the past! This means your clients can get covered and you get paid quickly on all eligible claims.
AuditCover is a zero-cost and low touch solution for progressive practices looking to automate their tax audit insurance solution.
WHAT OUR CLIENTS SAY
All In Advisory
The AuditCover team are legends. Easy to work with, incredibly responsive and helpful and solved a real pain point for All In Advisory with offering AuditCover to our clients. Their processes are so much more automated and seamless than other providers in this space. Breath of fresh air in fact! and so excited for where they can take this product.
Aly Garrett,
All In Advisory
AVS Advisors
It has been a pleasure working alongside AuditCover team. The whole process took next to no effort on our side and we were guided and supported throughout the process for whatever little we had to do. It has been a win-win for all.
Vakel Dhillon,
AVS Advisors
Fraser Scott & Co
Ahmad Beydoun,
Fraser Scott & Co
MJA Business Solutions
Melanie Zander,
MJA Business Solutions
Switching to AuditCover has never been simpler
Dedicated tax audit insurance specialist to help you switch
Telephone and email support
Up and running in a few days with no further work needed
Get started with AuditCover today
Find out more about AuditCover and how you can make tax audit insurance smarter.