As a Real Estate Salesperson, clients depend on you for more than property advice, they trust you to uphold key responsibilities like Fiduciary Duty, Disclosure, Confidentiality, Care, and Accountability. With these responsibilities come increased risks of mistakes, which could lead to potential lawsuits. To address this, the Estate Agents Act Mandates Professional Indemnity Insurance (PII) for all estate agents and salespersons, protecting them from claims related to negligence, errors, or breaches of duty. The Council for Estate Agencies provides guidelines on minimum requirements and has designated SingCapital as a trusted broker for PII coverage.