Understanding ACCA's Minimum Insurance Requirements for Members

Except as outlined in these Promotional Terms, amendments to Promotions will not be made after you are opted in, unless you accept any such amendments.

Practising certificate

Identify CPD activities that will address your development needs. A good CPD plan is specific: "I will complete two modules on IFRS 17 Insurance Contracts by June" is more useful than "I will read more about accounting standards." As you do so, keep records — the activity, the date, the provider, and crucially, what you learned and how it applies to your work. Reflect on the impact of your CPD. Did you learn what you intended to? How has it improved your professional performance?

Business equipment insurance for accountants

This reflection is what distinguishes ACCA's outcomes-based system from simple hour-counting. Verifiable CPD must be independently evidenced — you must be able to provide proof of completion if ACCA requests it during a CPD audit. Non-verifiable CPD covers informal learning that cannot easily be evidenced but genuinely contributes to your professional development. Examples include reading technical accounting articles, informal discussions with colleagues or mentors, on-the-job learning through new projects or responsibilities, and personal reflection on professional situations. ACCA requires that at least 4 of your 40 annual CPD units relate to ethics.

Does a good impression really matter?

Courses or modules on professional ethics and the ACCA Code of Ethics Content on anti-money laundering (AML) and financial crime Content on ethical decision-making in professional practice ACCA members record their CPD in the MyACCA portal (myacca.accaglobal.com). What to log for each CPD activity: Learning objective (what were you trying to achieve?) Learning outcome (what did you actually learn?) Reflection (how does this apply to your work?) Best practice: Log CPD activities as you complete them — not all at once at year end. Retrospective logging is less effective and harder to evidence if you are audited. ACCA monitors CPD compliance through annual declarations and random audits. If selected for audit, you will need to share your CPD records (activity logs, reflection notes, and evidence of verifiable activities). Unibet may, at any time, make minor amendments to this Promotion to correct typographical errors or

Member Type / Firm Size	Minimum Limit of Indemnity (per claim)	Minimum Excess (per claim)	Policy Basis
Practising Certificate Holder (Sole Practitioner)	£100,000	£2,500	Civil Liability
Firm (1-3 Partners)	£250,000	£5,000	Civil Liability
Firm (4-10 Partners)	£500,000	£10,000	Civil Liability
Firm (11+ Partners)	£1,000,000	£25,000	Civil Liability

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What if You're Not Chartered?

If your records are adequate, the audit closes without further action. Learnsignal's ACCA and accounting courses provide structured, evidenced verifiable CPD for ACCA members. From financial reporting updates and tax refreshers to strategic professional-level content, our courses help you meet your CPD obligations efficiently while genuinely improving your professional knowledge. Also useful: What is CPD for Accountants? Qualified bet best gambling sites in the world professional with years of experience in teaching and helping students achieve their accounting qualifications.

10.2 Group scheme considerations

Introducing Acca Insurance, designed to give your accumulator another chance. If your acca falls short by just one leg, you won’t walk away empty-handed — you’ll get your stake back as a Free Bet Place an accumulator bet (minimum odds and legs may apply). If your acca loses by exactly one leg, you’ll receive your stake back as a Free Bet. It’s that simple — one slip doesn’t have to be the end of your acca! Qualifying bets must have a minimum of 3 legs.

Other Sports

Maximum Free Bet amount applies as stated in the Rewards Centre. Free Bets must have a minimum of 3 legs. Free Bets must have minimum odds of 1/2. Insurance bets allow you to receive your stake back as a Free Bet if your bet loses by a pre-determined number of legs. Restrictions may apply and are defined within the Rewards Centre. Unless otherwise specified in writing, in the event that you are required to travel to take part in any event, you are responsible for making all your own arrangements (including insurance).

• Maintain a valid motor insurance certificate (Certificate of Motor Insurance) for each vehicle.
• Ensure the insurance policy covers at least third-party liability as a minimum legal requirement.
• Display a valid insurance disc on the vehicle's windscreen if required by local jurisdiction.
• Notify your insurer immediately of any changes to vehicle details or registered keeper.
• Inform the insurer of any modifications that could affect the vehicle's risk profile.

Unibet accepts no responsibility whatsoever for system or connection problems that might affect any end user during any of these Promotions.

• For young or inexperienced drivers, consider telematics (black box) policies to potentially reduce premiums.
• Build a No Claims Discount (NCD) by driving claim-free; protect the NCD if the policy offers that option.
• Declare any business use accurately, as using a vehicle for business on a social-only policy invalidates cover.
• Ensure all drivers hold a valid license for the vehicle category and have the insurer's permission to drive.
• Provide accurate annual mileage estimates to the insurer, as significant underestimation can affect claims.
• For classic cars, ensure the policy is specifically designed for classic or vintage vehicles with agreed value.

Unibet’s decisions in respect of any matter(s) concerning a Promotion are final, subject always to

Accumulator Sports

At least 40 units completed, with at least 21 verifiable Reflection on learning — not just a list of activities Evidence for verifiable activities (certificates, attendance records) If you are struggling to complete your CPD — for example, due to illness, parental leave, or a career break — contact ACCA proactively. ACCA has provisions for reduced CPD requirements in exceptional circumstances. ACCA requires a minimum of 40 CPD units per year, with at least 21 of those being verifiable. Since 1 CPD unit = 1 hour, this equates to approximately 40 hours of CPD per year, of which at least 21 hours must be in activities you can evidence. At least 4 units must relate to ethics.

Employers’ liability for accountants

Verifiable CPD is activity you can evidence with a third-party record — a course completion certificate, conference attendance confirmation, or similar. Non-verifiable CPD is informal learning that cannot easily be independently confirmed. ACCA requires at least 21 of your 40 annual units to be verifiable. Both types should be logged in your MyACCA CPD record with a reflection on what you learned. The ACCA CPD requirement is an annual obligation — you must meet the minimum 40 units in each calendar year.

6.3 Heads of damage in tax PI claims

CPD units do not carry over from one year to the next, and a surplus in one year does not reduce the requirement in the next. Learnsignal's accounting courses are verifiable CPD for ACCA members — you receive a completion certificate and course record that evidences your participation. Log each Learnsignal course you complete in your MyACCA CPD record with a reflection on your learning. If ACCA selects you for a CPD audit, you will be notified and asked to provide your CPD records for the relevant year. You will need to show your activity log (at least 40 units, 21 verifiable, 4 ethics), evidence for verifiable activities (certificates, completion records), and reflections on your learning. your right to refer a decision to Unibet’s complaints policy as described in the Standard Terms.

What insurance do accountants need?

Refunds are credited as a Free Bet, based on the Max Payout specified in the Rewards Centre. If voided selections reduce the accumulator below the minimum number of legs required (as outlined in the Rewards Centre), the bet will not qualify for a refund and the reward will be returned to your account. Free Bets for qualifying bets expire after 30 days. This bonus, offer or promotion (“Promotion”) is available to individuals aged 18 years and over who have fully registered as customers of Unibet. No employees of Unibet and its affiliated companies, or family members of employees and affiliated companies, may take part in Promotions.

5.3 Scottish-law differences that matter for PI

Unless confirmed otherwise by Unibet in writing: (i) Promotions are available once only to any registered account, which shall mean no more than one bonus per user, IP address, computer device, family, residential address, telephone number, credit or debit card and/ or e-payment account, e-mail address, and environments where computers are shared (university, fraternity, school, public library, workplace, etc. ); and (ii) Promotions cannot be used in conjunction with, or to qualify for, any other Unibet.co.uk promotional offer. Unibet reserves the right acting reasonably and without prior notice and in accordance with its eligibility requirements, bonus abuse policy and internal trading risk policy to: withhold, restrict or cancel this Promotion from individual account holders; and reclaim any bonus funds, enhanced payments or winnings from bonus funds. Promotional offers are intended to enhance a player’s enjoyment of the games and any attempts to manipulate or abuse a bonus or abuse the spirit of this promotion will not be tolerated and may lead to forfeiture or blocking of any points, bonuses, prizes and/ or winnings under a promotion as well as an immediate exclusion from the promotion and future Unibet promotions and/ or closing of the account. Unibet considers the following play to be in breach of this term: Betting more than 30% of the initial bonus amount in any one game round (i.e. This Promotion is operated by Platinum Gaming Limited a company registered in Gibraltar with

Information Category	Specific Details Required	Purpose	Required For
Firm Details	Legal name, trading name, ACCA firm reference number.	Identification and record linkage.	All applications
Financial Information	Previous year's gross fee income, current year's forecast.	To determine required level of PII cover.	All applications
Business Activities	Detailed description of services offered (e.g., audit, tax, consultancy).	Risk assessment by insurer.	All applications
Claims History	Details of any claims, notifications, or circumstances in last 6 years.	Underwriting and premium calculation.	Renewals & new apps

its registered office address at Sovereign Place, 117 Main Street, Gibraltar, GX11 1AA, Gibraltar.

Structured data

slots) for the purpose of meeting wagering requirements. Exploiting promotions by placing bets or wagers where there is no or limited risk of loss to the customer, other than where the absence of risk is a key part of the promotion. By way of example and without limitation using low risk methods such as wagering both Red and Black in Roulette, wagering both Player and Banker in Baccarat, covering more than 70% of outcomes (e.g. 26 or more numbers on a Roulette table). Playing a game that has collectable features (including, by way of example and without limitation, sticky wilds (Scarab) or a progress bar (dynamite riches megways), building collectable features using bonus funds and, subsequently (after discharging a related wagering requirement), depositing real funds and playing the game again to release the collectable features as cash. In today's increasingly litigious world, ACCA tutors might wonder if they need Professional Indemnity Insurance to protect their professional practice.

• Keep proof of insurance accessible, either in physical or digital form, for presentation to authorities.
• Ensure all named drivers on the policy are disclosed and meet the insurer's eligibility criteria.
• Pay insurance premiums on time to avoid policy lapse and potential legal penalties.
• Understand the policy's territorial limits and ensure coverage applies for where you drive.

While it's not a legal requirement, this insurance provides essential protection against claims of professional negligence or errors in advice, which can lead to significant financial losses.

• Maintain a valid MOT certificate if the vehicle is over the required age, as insurance may be void without it.
• Keep the vehicle in a roadworthy condition; insurers may refuse claims for defects that caused an accident.
• Do not use the vehicle for any purpose excluded by the policy, such as racing or track days.
• Secure the vehicle against theft by using appropriate locks and alarms as specified by the insurer.

More than just a financial safeguard, it also helps maintain the tutor's reputation by covering the costs of legal defence.

Who Is Legally Required to Have Professional Indemnity Insurance in the UK?

slot/ roulette spin, blackjack hand etc.) until wagering requirements have been met. For example, a £100 deposit bonus = £30 maximum bet per game. Betting more than £15 per spin on slots while using bonus funds. Using one type of game to build a balance (e.g. large bets on a single number at roulette) then switching to another (e.g. So, is the peace of mind it offers worth the expense?