RICS requires that all regulated firms hold ‘adequate and appropriate’ professional indemnity insurance (PII) as a protection for the clients they serve. In the UK and Republic of Ireland, the RICS Standards and Regulation Board (SRB) requires regulated firms to hold PII that meets the Minimum Policy Wording.

These are not always updated every year. Dates effective 1st of April every year unless otherwise noted and are in force until replaced with a new one.


| 2011 = 1 April 2011 to 31 March 2015
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| 2015 = 1 April 2015 to 31 March 2016
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| 2016 = 1 August 2016 to 31 March 2019
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| 2019 = 1 April 2019 to 31 March 2020
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| 2020 = 1 April 2020 to 31 March 2021
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| 2021 = 1 April 2021 to 31 March 2022
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| 2022 = 1 April 2022 to 31 March 2023
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| 2023 = 1 April 2023 to 30 June 2024
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| 2024 = 1 July 2024 to 30 June 2025
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| consultation issued Feb 2025 for new wording
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| 2025 = 1 July 2025 to current