Renew the buildings insurance for a block
Rebuild value, claims and leaseholder notice, done before the policy ends.
- Check the rebuild valuation date. Most people forget this: Old valuations leave the block underinsured
- Get claims history
- Update the fire safety and cladding information
- Get quotes through the broker
- Check commission is disclosed to leaseholders
- Approve the cover (Director signs off)
- Send the summary of cover to leaseholders