Property All Risks: Sectional Plan
Property all risks: Sectional plan
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IUM have developed a true assets all-risks based insurance product for buildings consisting of units or common property designated in a sectional plan in accordance with the ruling of the controlling body. This product has been designed to provide the cover required for such buildings in accordance with the applicable Acts as well as the duties and requirements of the scheme executives

Target market
  • Body Corporates
  • Community Living Arrangements
  • Home Owners Associations
  • Housing Development Schemes for Retired Persons
  • Sectional Titles (Residential and/or Commercial properties)
  • Share Blocks
  • Time-Sharing Arrangements
Target market
  • Property all-risks
  • Business interruption
  • Money
  • Fidelity
  • Group personal accident
  • Motor
  • Electronic equipment
  • Machinery breakdown
  • Broadform liability
  • Trustees, directors and officers liability