Lesson 15 Flashcards

1
Q

Identify the different types of insurance coverage available to a strata corporation

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2
Q

Identify the insurance coverages that are mandatory under the Strata Property Act

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3
Q

Understand the difference between property insurance, liability insurance and errors & omissions insurance

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4
Q

Understand the importance of risk management

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5
Q

Assess areas of potential risk

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6
Q

Develop a risk management program

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7
Q

Identify the essential types of insurance coverage required for a building

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8
Q

Understand the principles of subrogation and co-insurance

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9
Q

Understand the limitations of insurance for environmental hazards

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