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10/10/2012 at 5:18 pm
#16777
@JimmyT said:
What is A PDS? Please see previous comments about overuse to abbreviations.
Hi Jimmy T,
A PDS is a Product Disclosure Statement supplied by the Insurance company giving the quote, it contains complete details of the policy being offered. It enables the competitive insurance quotes to be evaluated by comparing “apples with apples”.
Please accept my apologies for the abbreviation. As I’m sure you have noticed, I am very new to the strata world and this web site – my interest has been stirred by necessity – I seem to be “it” in my small strata plan (4 town houses).
Please bear with me, I’m sure that I will get better over time.
Regards,
Dudley
