Part of a strata complex with body corporate insurance?  Thinking your insurances are taken care of through the Owners Corporation’s insurance programme?  No.  They are not.  As an individual unit owner you own the air space within 4 walls of your unit.  The walls and the common areas outside your 4 walls are Owners Corporation [...]

This is an area of protection within an insurance programme that is often an afterthought. Inadequate insurance is a real risk here as the difficulties of reinstating a building following a major loss can be substantial.  The period you insure the lost rent (12 mths, 18 mths, 24 mths etc) becoming more critical depending on [...]

Expanded polystyrene panels.  Many industrial units, shops, factories etc contain an element of EPS panel construction. Whether it be a functioning coolroom, a previous coolroom converted to storage, office panelling, dividing walls etc. etc.  the ubiquitous EPS panel wall pops up in many places and for many reasons. BE AWARE- insurers specifically look to underwrite [...]

Obviously the business activities of your tenant have a fundamental impact on not only the pricing of your insurance but also the terms and conditions.  Not only will your pricing change from tenant to tenant but your insurer may also have to change.  If for example, the occupancy alters from a metal engineering supplies business [...]

If you have a net lease and the tenant pays outgoings this does not give them the right to arrange your insurances.  It simply means they need to fund the reasonable costs of insuring the property.  If you allow a tenant to arrange building insurance, quite obviously his risk appetite is different to yours.  It [...]