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Contributor
seemaM
Posts: 67
Registered: ‎02-08-2016

apartment complex

I am the secretary of a co-operative housing society. Can the entire society be covered under a single home insurance policy?

5 REPLIES 5
Frequent Contributor
mandeepS
Posts: 97
Registered: ‎22-08-2016

Re: apartment complex

Individual flats will have to be covered under individual policies. Society cannot take a comprehensive plan for the entire society.

Contributor
priyankatiwari
Posts: 21
Registered: ‎17-11-2016

Re: apartment complex

However, the entire society can opt for an additional insurance plan for the structure itself

Frequent Contributor
sneharaj
Posts: 80
Registered: ‎22-08-2016

Re: apartment complex

My society building is insured. Should I take additional insurance?

Contributor
Sumitrao
Posts: 37
Registered: ‎17-11-2016

Re: apartment complex

Your society offers a limited cover, generally includes only structure. You need to consider an individual home insurance to cover for your belongings

Frequent Contributor
vinodd
Posts: 97
Registered: ‎22-08-2016

Re: apartment complex

The society insurance does not include individual homes and belongings.