Property owners occasionally discover damage to their sections or common property resulting from infestations of ants, termites, rats, birds, or other pests. When this occurs, a natural question arises: Does the body corporate insurance policy cover such damage? Understanding cover limitations in this area helps set realistic expectations and encourages appropriate preventive measures. Body corporate insurance: The Direct Answer Body corporate insurance policies do not typica

In an unpredictable world, safeguarding your assets and financial well-being is paramount. For homeowners and those living in community schemes, personal liability cover isn't just an option – it's a necessity. This article will walk you through the essentials of personal liability insurance, helping you understand its importance, what it covers, and how it protects you from potential risks. What is Personal Liability Cover? Personal liability cover is a crucial component of

What if your body corporate’s Schedule of Replacement Values (SRV) , the document used to ensure the property is adequately insured and...

Insurance claims in sectional title environments remain a persistent source of confusion and possibly even tension. By grasping the...

Property owners in shared-ownership or sectional title developments frequently make improvements to enhance comfort and market value....

In the past few months, we’ve noticed a concerning trend in the sectional title industry, some schemes are finding it increasingly...