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Insurance It is essential that all buildings are adequately insured. As such, buildings insurance is automatically arranged for all new owners and charged through quarterly factoring invoices. If an owner wishes to arrange their own buildings insurance, a copy of their policy schedule must be provided, in order to allow us to cancel insurance arranged on their behalf. We carry out an annual check, to ensure that owners with their own buildings insurance have sufficient cover. Premiums are reviewed on an annual basis. Owners should be aware that their cover may be jeopardised, if their factoring account is in arrears, or if there is no signed Common Factoring Authority in place.
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Last Updated on Monday, 01 March 2010 12:22 |