› Flat Chat Strata Forum › The Professionals › SM : late payment of Insurance › Current Page
02/01/2014 at 12:21 pm
#20519
@Cosmo said:
Frans,
regarding the late payment of the insurance. The late payment issue has happened to our strata a couple of times. When I questioned our Insurance broker about this I was told that as we paid through an insurance broker our strata was covered for up to 3 months after our premiums became due.
So it might be worthwhile to check if this is the case.
Cosmo, thanks…it is so…however, the problem of a an SM + OC minus us = disaster