The
Company currently provides building insurance under its block policy
with Zurich Insurance.
The
Company would remind you of the following in respect of the cover provided:
Cover
in respect of terrorism is not included within the policy
Loss
of rent cover is not available for commercial owners. Commercial owners
should now arrange this with their current business provider.
All
common repairs are subject to an excess of £250 per claim. Where
claims are made the excess will be charged to owners within their common
charge accounts. Flat owners should note that for incidents within their
individual properties an excess of £100 is now applicable. The commercial
excess remains at £250.00
Owners
should note that cover is reduced on empty properties if they are unoccupied
for or not in use for more than thirty consecutive days.