• Indemnity Insurance 4

    By Guest on 19th Dec 2014

    I am buying a property for development.The seller is providing an indemnity policy for Right of way which will pass to me. I am building 13 units and the access will be owned by the company. Do I need separate policies for each of the freehold units or will they be covered as they are directors of the company?

  • 2 Answers

    By Guest on 06/04/2015

    As long as the policy is properly drafted it will cover the whole site. You need to check that the insurers aware that you are developing the land however and that this is covered.

  • By Guest on 06/04/2015

    As long as the policy is properly drafted it will cover the whole site. You need to check that the insurers aware that you are developing the land however and that this is covered.

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