Insurance support for housing societies and residential complexes
Housing societies manage shared buildings, common assets, utilities, and the safety of residents. The risks are structural, operational, and liability-driven, where damage to common areas or accidents within premises can lead to financial and legal consequences.
We assist housing societies and residential associations in identifying insurance coverages that protect buildings, common assets, residents’ interests, and liability exposures.
Understanding Industry Risks
Guidance based on the actual risk profile of housing societies.
Fire, flood, and structural damage to the building and common areas
Lift accidents and injuries within society premises
Theft or damage to common assets and equipment
Legal liability towards residents, visitors, and staff
Risk Covers and Solutions Include:
Standard Fire and Special Perils Insurance
Public Liability Insurance
Lift and Machinery Insurance
Burglary Insurance for Common Assets
Money Insurance
Directors and Officers Liability for Managing Committee
