Block Management - Insurance

Buildings Insurance: This type of insurance covers the cost of repairing or rebuilding the structure of the building in the event of damage from events such as fires, storms, or vandalism.

Public Liability Insurance: This insurance provides coverage for claims made against the block management company for injury or property damage caused to third parties, such as visitors or contractors.

Employers’ Liability Insurance: If the block management company employs staff, this insurance is legally required to provide coverage for claims made by employees for injuries or illnesses that occur as a result of their work.

Directors and Officers Insurance: This type of insurance provides coverage for legal fees and damages arising from claims made against the directors or officers of the block management company for wrongful acts or errors in judgment.

Professional Indemnity Insurance: This insurance provides coverage for claims made against the block management company for errors or omissions made in the course of providing professional services, such as property management or maintenance.

Property Letting Insurance: Property letting insurance is a type of insurance designed to provide coverage to landlords who rent out their properties. The insurance covers property damage, loss of rental income, contents and legal expenses.

Terrorism Insurance: In areas where the risk of terrorist activity is higher, terrorism insurance may be recommended to provide coverage for damage caused by acts of terrorism.