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005 20250709111223.0
008 250325t2025 xxk|||||o|||| 00| 0 eng d
041 _aeng
110 _aRoyal Institution of Chartered Surveyors
245 _aRICS approved minimum wording
_h[Electronic resource]
260 _aLondon,
_bRoyal Institution of Chartered Surveyors,
_c2025
520 _aRICS 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 | - | 2015 = 1 April 2015 to 31 March 2016 | - | 2016 = 1 August 2016 to 31 March 2019 | - | 2019 = 1 April 2019 to 31 March 2020 | - | 2020 = 1 April 2020 to 31 March 2021 | - | 2021 = 1 April 2021 to 31 March 2022 | - | 2022 = 1 April 2022 to 31 March 2023 | - | 2023 = 1 April 2023 to 30 June 2024 | - | 2024 = 1 July 2024 to 30 June 2025 | - | consultation issued Feb 2025 for new wording | - | 2025 = 1 July 2025 to current
650 _aPROFESSIONAL INDEMNITY INSURANCE
651 _aUnited Kingdom
710 _aRoyal Institution of Chartered Surveyors
856 _uhttps://www.rics.org/regulation/regulatory-compliance/professional-indemnity/pii-in-the-uk
_zRICS PII overview page
856 _uhttps://www.rics.org/content/dam/ricsglobal/documents/regulation/2024-RICS-Approved-Minimum-Wording-UK.pdf
_z2024 RICS Approved Minimum wording policy
856 _uhttps://www.rics.org/content/dam/ricsglobal/documents/regulation/RICS-Professional-indemnity-insurance-requirements_UK-and-Republic-of-Ireland_020725.pdf
_z2025 RICS Approved Minimum wording policy
856 _uhttps://www.rics.org/profession-standards/knowledge-and-information-services/document-delivery-and-other-kis-fees
_zContact [email protected] for archived copies
856 _uhttps://consultations.rics.org/gf2.ti/f/1720514/239398757.1/PDF/-/PII%20consultation%20February%202025_Final.pdf
_zView the 2025 consultation document for new wording
942 _n0
999 _c122123
_d122123