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Apartment block insurance explained

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By John Healy of Healy Insurances

Management companies and private owners of apartment blocks should review their cover on an annual basis.

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Many insurers have become very selective in the blocks that they insure mainly due to poor construction over the Celtic Tiger years and recently cladding issues following the Grenfell Tower fire in London.

What should typically be covered under an apartment block policy?

Material damage

The rebuild costs of the block including damage to grounds and landscaped gardens. Contents for any common areas should be included along with covers such as trace and access for water damage, fire brigade charges, and theft damage to buildings.

Loss of rent

Consequential loss of rent following an insured event such as a fire should be included and updated annually to fully cover the rent. Alternative accommodation cover could be relevant for owner occupied apartments and should be adequately insured.

Liability

Employers Liability Cover should be included for minor property maintenance and repairs at the block. It is advisable that any third party contactors should have their insurance cover in place. Public Liability will cover your legal liability in the event that you are negligent and required to pay compensation for bodily injuries or damage to third party property.

Legal Protection and Directors and Officers Insurance

This kind of cover can be included in the block policy or as a stand-alone product. Typically it covers legal fees in case of employee disputes, compensation awards cover and legal defence fees for you and your employees. Cover can also be included for fees arising from Revenue Commissioners investigations. Directors and Officers Insurance protects the board of the management company for claims made against the directors for alleged wrongful acts such as breach of duty among other extensions.

It is crucial to get the right advice from an experienced insurance broker who takes the time to understand your risk profile and can research the market to get you the best quotes.

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Killarney retains top ten position in national litter rankings

Killarney has maintained its position in the top ten of the latest Irish Business Against Litter (IBAL) survey, securing 9th place out of 40 towns and cities surveyed nationwide. The […]

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Killarney has maintained its position in the top ten of the latest Irish Business Against Litter (IBAL) survey, securing 9th place out of 40 towns and cities surveyed nationwide. The town was officially deemed to be ‘Cleaner than European Norms’.

The accompanying report by An Taisce praised Killarney for delivering a solid performance, noting that there were no heavily littered sites found within the town boundaries.
Several local areas received top marks for maintenance and presentation. Main Street was highlighted as exceptionally well-presented, while Park Road, Muckross Road, and the Knockreer Playground and environs were also singled out for praise. The report noted that the playground area was in very good order across all elements.
However, the inspectors did highlight some areas for improvement. The JYSK site showed slight progress compared to the previous survey but remained classified as moderately littered. The report warned that care must be taken to prevent the location from deteriorating further.
On a national level, IBAL representative Conor Horgan noted that entering the peak tourist season, the country has fewer littered areas than at any time in the past 25 years.
Despite the introduction of the Deposit Return Scheme (DRS), the survey highlighted a national rise in specific waste items. Plastic bottles were found in 19% of all surveyed sites across the country, and drinks cans were present in 22%. The prevalence of coffee cups also reached its highest level since 2023, alongside an increase in cigarette butt litter.

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Beaufort Film Night returns with screening of Cinema Paradiso

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Beaufort Film Night will return on Friday, June 12, with a screening of the Italian classic Cinema Paradiso at Kilgobnet National School.

Directed by Giuseppe Tornatore, the film follows Salvatore, a successful film director who returns home to Sicily for the funeral of his childhood friend and mentor, Alfredo, the local cinema projectionist.

The movie won the Oscar for Best Foreign Language Film, five BAFTA Awards, and the Grand Prize of the Jury at the Cannes Film Festival. It features a soundtrack by composer Ennio Morricone.

The screening will begin at 8:30pm at Kilgobnet National School (Eircode V93 DW26). Admission is €8, with cash-only entry as there are no card payment facilities. Proceeds will cover the motion picture licence fee. The film is rated PG and will screen in Italian with English subtitles.

Beaufort Film Night is a non-profit community organisation run by local film enthusiasts. The group aims to screen cultural English and international language films that do not typically receive a general release in Kerry.

The initiative is supported by the Kerry County Council Arts Office and works in conjunction with Access Cinema.

Organisers extended their thanks to Kilgobnet National School for providing the venue. More details can be found on the Beaufort Film Night Facebook page.

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