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"Body Corporate/sectional title insurance applies to all community schemes, including sectional title schemes, share block companies, retirement villages and housing cooperatives."
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This insurance provides peace of mind cover for buildings, common property, boundary walls, gate motors, entrances, security and irrigation systems for each owners section.
Perils covered:
• Fire
• Weather damage
• Earthquake
• Impact
• Theft
Furthermore, cover includes but not restricted to:
• Liability insurance
• Fidelity Cover
• Trustees Indemnity Cover
• Employees Indemnity cover
• Geyser cover
• Loss of rent
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