12 Nov 10 More on PI insuranceMEMBER 341 continues the debate:
"Sorry Member 329. If "(m)andatory insurance is mandated because it protects the interests of consumers, which promotes consumer confidence in the profession, which promotes the ongoing viability of the profession", then why in the last 25 years has no one ever asked if I am insured?
Come to think of it, why has no one asked if I am an FCPA, FTIA or for that matter a Registered Tax Agent? How can consumers have confidence in something they may not even know exists?
Sorry, but my PI insurance is to protect me, otherwise I would not have had it when it was not mandatory."