
Quantity Surveyors Professional Indemnity Insurance
Quantity Surveyors' Professional Indemnity Insurance is a policy that provides financial protection for surveyors if they are sued for mistakes or negligence in their work, such as cost miscalculations or contract errors. It covers legal costs and compensation payments, helping prevent significant financial loss for the surveyor and their practice. This insurance ensures that surveyors can operate confidently, knowing they are protected against claims that might arise from their professional activities. It’s a standard requirement in the industry to maintain professional standards and client trust.