Office bearers and Fidelity Guarantee insurance
Hi, I have discovered an irregularity where the OC (at a GMtg) instructed the SM to get an engineers report and recommendation for building repairs. ie a “Scope of works”…
Re: Dubious checks lead to insurance bill
Thank you scotlandax – so we were in a position of knowledge I called icare and explained to the Customer rep the above her advice and those of her supervisor…
Dubious checks lead to insurance bill
[This post was moved from THIS TOPIC which was running last year-JT] interesting reading – our Strata Plan has been ‘billed’ $199.00 for someone in the Risk Dept of the…
Re: Dubious checks lead to insurance bill
You don’t, they’re not your employees. Tell them to cancel the policy and refund you both lots of money immediately.
Re: Skylight insurance
@Paddy said: So if the cost to repair/replace the skylight is less than the Strata insurance excess, the owner should be required to pay? It depends on the specific wording…
Re: Skylight insurance
So if the cost to repair/replace the skylight is less than the Strata insurance excess, the owner should be required to pay?
Re: Skylight insurance
I agree with VicRes. Even if responsible for its maintenance, it’s doubtful that a lot owner could insure the skylight even if they wanted to. Compulsory strata insurance covers buildings…
Re: Skylight insurance
I believe that I’ve read here previously that any owner can directly submit a claim on the OC Insurance without going through the committee. Therefore, the owner should submit…
Skylight insurance
During the recent hailstorm in Sydney one of the two storey townhouses in our complex suffered damage to a skylight. A generic by-law for the installation of skylights exists which…
Re: Catastrophe Insurance
@Boronia said: Additional “catastrophe insurance” seems like a bit of a scam to extract more dollars from you. I’m not so sure. As soon as lives are lost, your responsibilities…
Re: Catastrophe Insurance
In NSW your building should normally have a building policy with sufficient sum insured to cover a full knockdown and rebuild, regardless of the cause. Perhaps the same applies in…
Re: Catastrophe Insurance
Others may know more, however, it sounds like a common term used in insurance co policies for essential cover.