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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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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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Wallace Arnold coach drivers return to Killarney

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Wallace Arnold coach drivers return to Killarney


A group of 26 former coach drivers, wives, and friends from the Wallace Arnold tour company returned to Killarney over a recent weekend.


The group travelled from Holyhead to Dublin in a restored Wallace Arnold coach, staying at the Killarney Towers Hotel for three nights.
During the visit, the group drove the vintage coach to local landmarks, including Kate Kearney’s Cottage and Muckross House, before returning to town ahead of the Kerry versus Donegal match. The itinerary also included a trip around the Ring of Kerry.
The trip allowed the former drivers to reconnect and reminisce about their years touring Ireland. Organiser Bob Adams said that the vintage coach drew attention from local residents along the route.
The group noted the absence of several former colleagues who could not travel due to health reasons, including veteran driver Hilton Caldwell who is well known in Killarney.

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