Hi Folks,
Can someone help explain what indemnity insurance means in the context of a structural surveyor?
Does it mean that if we contract a surveyor to survey a property and he misses a major structural issue, then we can seek compensation from his indemnity insurance (assuming we had proceeded to buy the property)?
Thanks!
Can someone help explain what indemnity insurance means in the context of a structural surveyor?
Does it mean that if we contract a surveyor to survey a property and he misses a major structural issue, then we can seek compensation from his indemnity insurance (assuming we had proceeded to buy the property)?
Thanks!