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RICS introduces new PI rules to improve fire safety cover


By Tom Lowe2021-04-07T11:04:00+01:00
Insurers will not be allowed to exclude fire safety claims on buildings of four storeys or less from next month
The Royal Institution of Chartered Surveyors (RICS) has introduced new insurance terms which improve fire safety cover for professional indemnity insurance (PI).
The minimum policy wording and insurance rules, which came into effect at the beginning of the month, have been targeted to help chartered surveying firms hit by fire safety exclusions.
The new rules came into effect last week
Under the new rules, from 1 May, insurers will not be allowed without specific exemption to exclude fire safety claims on properties four storeys or less. ....

Hugh Garnett , Royal Institution Of Chartered Surveyors , Royal Institution , Chartered Surveyors , ஹக் கார்னெட் , அரச நிறுவனம் ஆஃப் பட்டய சர்வேயர்கள் , அரச நிறுவனம் , பட்டய சர்வேயர்கள் ,