Professional Indemnity Insurance for Commercial Property Professionals
1.5 Hours Formal CPD
All RICS regulated firms need to have adequate and appropriate Professional Indemnity Insurance (PII) in place that complies with the RICS Rules of Conduct for firms. Build on your understanding of the regulations to ensure compliance and minimise your business risks.
|On Demand (Recording)||
Gain a high-level overview of PII, by identifying the beneficiaries as well as methods and reasoning for capping liability. Consider through case study material, risks faced by those not covered with appropriate PII and the circumstances in which RICS can support you. By recognising the standards applied to you and the steps required to mitigate risk when agreeing instructions, you’ll gain the necessary assurance that you are working within RICS regulatory requirements.
Knowledge gained in this class will benefit anyone working with commercial property who is employed at an RICS regulated firm.
- Examine what PII is
- Why do you need PII?
- What do RICS Regulated firms consider when conducting visits?
- What is a liability cap?
- Who do you address your PII report to when securing instructions?
*This course will be available for 14 days from the date of purchase.
The on-demand course will be a combination of structured learning points, using a Powerpoint presentation. Once you are enrolled, you have access to all course materials.