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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 competitors bring home the medals

By Michelle Crean It was a great weekend for Killarney as Brazilian jiu jitsu competitors took home medals from the AJP Switzerland International Tour in Zurich. Members of Movement & Fitness Club competed against the world’s finest athletes which led to them bringing home amazing results.After a great fight Matthew Morris made it into the […]

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By Michelle Crean

It was a great weekend for Killarney as Brazilian jiu jitsu competitors took home medals from the AJP Switzerland International Tour in Zurich.

Members of Movement & Fitness Club competed against the world’s finest athletes which led to them bringing home amazing results.After a great fight Matthew Morris made it into the semi-finals.Ewelina Downey received two gold medals in Gi and NOGI fights, just two months after her promotion to blue belt.The club’s coach, Wilson Da Silva, also competed for the first time as a brown belt, and won gold in the Gi category and silver in NOGI.”The results don’t lie,” he said.”The hard work, dedication, commitment and passion pays off. Impossible is nothing, and that’s what we are trying to teach our students in Movement & Fitness Club Killarney.”Martial Arts helps to fight depression, bulling, obesity, and builds up self esteem and confidence, he explained.”There is no ego, no one is better, we are all the same trying to learn from each other, helping and correcting ourselves so we become better together. Our club is filling up with amazing students from age four up who connect with us by the same passion and love for the sport. If you are looking to change your life come and join our family.”

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Ian makes his debut as a radio presenter

By Sean Moriarty Ian O’Connell said he is delighted with the messages of support following his first broadcast as a presenter on Radio Kerry this week. The well-known and popular Killarney man was left with life-changing injuries after falling from his bike in Killarney National Park in 2017. Since the accident he has been a […]

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By Sean Moriarty

Ian O’Connell said he is delighted with the messages of support following his first broadcast as a presenter on Radio Kerry this week.

The well-known and popular Killarney man was left with life-changing injuries after falling from his bike in Killarney National Park in 2017.

Since the accident he has been a champion for the less fortunate under his mantra: “If you can’t stand up – standout”.

This was the inspiration behind his brand new radio show which aired for the first time on Wednesday evening.

‘Stand Out with Ian O’Connell’ will feature interviews with people who have overcome great adversary to reach even greater heights.

His first guest was fellow Killarney man Jordan Lee. The Paralympian represented Ireland in the Tokyo Olympics this summer.

“I was used to being in the studio from people interviewing me, but this time I turned the table,” he told the Killarney Advertiser.

“It was great to have Jordan on, two Killarney men! I really enjoyed it, it got a massive reaction and I got loads of emails and messages afterwards and into Thursday morning.”

Ian will reveal his guest for the show on the previous Monday through various social media channels.

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