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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