We are a block of 10 flats, each leaseholder is a 1/10th shareholder of the freeholding and management company. Until recently we employed another company to manage the property, but we've recently reverted to doing it ourselves.
It's time to renew our insurance, and I'm a bit worried about the type of policy that the previous managing agents took out, it looks like it is best suited to property investors, not a group of leaseholders.
The policy is AXA Property Investors Protection Plan Policy Wording - April 2018.
Is this the correct policy for us, or are we paying for cover we don't need?
It's time to renew our insurance, and I'm a bit worried about the type of policy that the previous managing agents took out, it looks like it is best suited to property investors, not a group of leaseholders.
The policy is AXA Property Investors Protection Plan Policy Wording - April 2018.
Is this the correct policy for us, or are we paying for cover we don't need?
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