Professional indemnity insurance - owners corporation managers

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As an owners corporation manager, you must:

  • maintain professional indemnity insurance with a minimum cover of $1.5 million
  • provide details of this insurance, and evidence of your registration, when you are appointed as a manager of an owners corporation.

The certificate of currency for your professional indemnity insurance coverage should state one of the following:

  • Owners Corporation Management
  • Body Corporate Management, or
  • Strata Management.

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