Sectional title chain of command
In the area of sectional title insurance, all members are indeed the insured. While the insurance policy is issued in the name of the body corporate, the description of the…
community scheme insurance
Why insurance valuations are important
[Updated: 11 March 2026] It is compulsory for a sectional title scheme to arrange a professional building valuation at least every three years. This requirement is set out in the…
Practical steps to deal with sectional title insurance
[Updated: 10 July 2025] The purpose of this article is to provide trustees with a simple, practical approach to handling the all-important insurance matters of their scheme. There is no…
Building rate and sectional title insurance
(Updated 15 January 2025) When managing sectional title schemes, understanding the concept of “building rate” is critical. Unfortunately, many portfolio managers, trustees and owners make costly mistakes by misinterpreting this…
Mid-term change in insurance T&C’s
An insurance policy is issued as an annual contract between the insurer and the insured. Before each anniversary date, the insurer will present its intended renewal terms for the next…
When trade increases your risk profile
Many body corporate complexes consist of residential, office, retail shop and sometimes, a manufacturing factory sections. In principle, this is not a problem for insurers. The problem arises when the…
Community scheme insurance in 2017
Community scheme insurance has entered a new, exciting era of change. Recently, the new community scheme legislation resulted in more emphasis on insurance at general meetings as well as much…
Understanding property owners’ liability cover & trustees’ indemnity
(Updated: 30 January 2025) In the context of community schemes, particularly sectional title schemes, it is especially important for trustees and managing agents, to understand the difference between property owners’…
Community schemes, liability and prescription
Trustees and managing agents need to be acutely aware of the prescription and the importance of reporting incidents occurring on common property to the insurer. Prescription period The prescription period…
10 Questions to ask when selecting a sectional title insurance advisor
[Updated: 30 October 2025] 1. Is your advisor a specialist in the field of community schemes? Any advisor or broker can provide insurance products for a sectional title scheme, but…