Accountants Park
Plot No. 2374/a
Thabo Mbeki Road, Lusaka
membership@zica.co.zm
education@zica.co.zm
(+260) 211 374 550-9
(+260) 211 255 355 (Fax)

Professional Indemnity Insurance (PII)



PII



PII is compulsory for all ZiCA members who have a practicing certificate and are engaged in public practice. PII is a requirement of a number of regulations, which is relating to audit, non-audit services, insolvency and liquidations among others. Therefore, it is the eligibility requirement for a practicing certificate all require members and firms to comply with the Accountants Act. The PII gives details of the amount of the insurance required by insurers and the policy wording insurers must use. Therefore, practicing without PII is regarded as a very serious matter.

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