Insurance premium and sectional title legislation
[Updated: 31 October 2025] The Sectional Titles Schemes Management Act 8 of 2011 makes it clear that one of the functions of a body corporate is to pay insurance premiums…
sectional title insurance
Damp problem: Am I covered?
Does your sectional title insurance policy cover damp problems? The short answer is that damp is ordinarily not covered by sectional title insurance policies. Defining damp By definition, damp means…
What insurance advice can a body corporate expect?
Sectional title insurance needs and requirements can generally be divided into three main categories: buildings cover, liability cover, and fidelity cover. Additional options such as trustee indemnity, excess buy-back, and…
8 Principles of sectional title insurance
The basics of insurance were founded upon principles which sets out the way insurance, as generally accepted, is practiced. Co-operation is the basic principle behind every insurance contract. Insurance itself…
Is it possible for trustees of a body corporate to exclude or remove geyser cover?
[Updated: 30 October 2025] The short answer While trustees may wish to reduce costs by excluding certain geyser-related claims, such as wear and tear or maintenance, completely removing geyser cover…
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…
12 Common insurance mistakes trustees make
[Updated: 30 October 2025] Trustees often make insurance errors or omissions, not through negligence, but simply because volunteer trustees cannot be expected to know everything. This article highlights twelve common…
Body corporate vs. nightmare neighbour
The role of trustees The trustees are appointed to represent the interests of all members of the body corporate and, as such, must maintain a balance between the interests of…
Water restrictions and geysers
Water-saving measures amid drought During the 2016 drought, municipal authorities across the country took various steps to reduce pressure on dwindling water resources. In Durban, one such measure involved installing…
The purpose of insurer risk surveys
Acceptance and inspection by insurers New business quotes from insurance companies are subject to acceptance by the insurance company and their right to inspect the buildings to satisfy themselves that…