Flat insurance question on a new build!!

shandoli

I have a very quick question.

IS the flat guarantee that is offered the same as buildings insurance?

I bought a flat last year and got a guarantee certificate which covers the following

2 years from date of commencement for insolvenvy of developer
8 years from date of commenecment for defects and structure of the bulding.

Now my management company has written to be for a payment of 10 pounds a month for "building and terrorism" insurance?

I am not bothered about terrorism insurance cos frankly, the odds of a plane going thru the building are pretty slim.

But does the flat guarantee not the same as buildings insurance?

*MF*

Hi ... no, it is entirely different, it will include many other items of insurance cover - fire damage, storm damage and many more. Simply ask the management company for details and you will be able to see, ok?