DOMESTIC SECTIONAL TITLE INSURANCE

The ONE Domestic Sectional Title All Risk Insurance Policy provides the perfect solution for domestic sectional title property complexes and Home Owners Associations. Cover is provided for the entire complex including all buildings, common property, office contents, All Risk items, vehicles and all liabilities. The policy is targeted at residential sectional title complexes and developments, Homeowners Associations as well as Residential share block buildings.

Key Benefits

• No geyser excess
• Free inspection and replacement of anodes where necessary
• The provision of a Geyser Excess Waiver Certificate
• Inclusion of levy insurance protecting the body corporate against default
• Contingent Fidelity Guarantee cover for managing agents

Additional Benefits

• Loss of rent, rent escalation and inflation variable cover
• Office contents
• Money cover
• Fidelity Guarantee
• Broadform liability including cover for gratuitous advice, wrongful arrest and defamation
• Trustees liability or D&O
• Principal controlled Contractors liability for any one period of insurance in respect of alterations, additions and maintenance to the property
• Employers liability
• Machinery breakdown
• Power surge
• Accidental damage
• Theft of landlords’ fixtures and fittings
• Direct loss of legally recoverable levies, special levies, charges, interest, taxed legal fees and claims preparation costs in respect of each unit claimed for
• Building modifications
• Domestic electric motors and gate motors
• Security guards
• Burst pipes and the costs of locating the water leak including any water loss
• Limited Subsidence and Landslip – full cover dependent upon a GeoTechnical report

This forms part of our Commercial Specialty Insurance Solution