Settling of claims in the sectional title environment
Sectional title ownership is unique in several ways. By dividing a building into sections with imaginary lines, akin to the borders of a country, it becomes essential to insure the…
body corporate insurance
Damage to front door and security gate following a break-in: Who pays the excess?
By now we have become familiar with Prescribed Management Rule (“PMR”) 23.(2)(b) of Annexure 1 of the Regulations to the Sectional Titles Schemes Management Act 8 of 2011 (“the STSMA”)…
What you should know about fidelity insurance
(Updated 14 August 2024) Traditionally, fidelity insurance is an insurance product that provides protection against business losses caused due to employee dishonesty. A basic insurance policy with an insurer will…
How to know if your insurance claim is viable
Insurance policy wording can be hard to make sense of for an ordinary person with no legal or insurance background. An insurance policy wording creates a legally binding contract between…
Appointing your sectional title insurance broker
In the process of reviewing insurance, trustees often engage with several brokers to obtain the best quote. While this approach may seem prudent, it is not the best way to…
When it comes to claims, what are the owner’s rights?
In this blog article, we would like to address five common questions that often arise relating to sectional title insurance claims and the rights of the owner. As an owner,…
What owners need to know about the sectional title claims process
[Updated: 29 April 2025] The sectional title claims process The sectional title claims process is often misunderstood, which can lead to unnecessary conflict and unpleasantness. A solid understanding of how…
Who pays the insurance excess on a burst pipe?
This is a very popular question that often highlights opposing views and differing interpretations of policy wording. Whether the pipes are on common property or within the section, a burst…
Professional indemnity insurance: Who is responsible to ensure that your scheme is protected?
Professional indemnity insurance cover is issued to provide insurance cover for a service provider in case their clients suffer a financial loss, resulting from the negligent act, error or omission…
Why cheaper isn’t always better
Generally, we all want insurance that offers the widest (most) cover for the lowest premium, but there are a number of other important factors to consider, particularly in the sectional…