Condominium Resources
	proVision Policy Form
	Brochure

Condominium Policy - All-Risk Property Coverage

Affiliated FM offers an all-risk policy written specifically to meet the unique coverage needs of condominium associations. Using the proVision all-risk form as a platform, the condominium policy features the same easy-to-navigate, easy-to-read format, automated processing and flexible coverage limits.

Key Coverage Enhancements

Policy limit coverage for:

• Loss of Condominium Maintenance Fees
• Debris Removal
• Demolition and Increased Cost for the Undamaged Portions of the Building
• Computer Virus

Specialized wording for:

• Broadened Named Insured that includes Condominium Association as the Insurance Trustee
• Rebuilding on Another Site
• Unplanned Capital Expenditures
• Fixtures, Installations, Alterations, and Additions, that Comprise Part of the Building When Used Exclusively by an Individual Condominium Unit-owner

Embedded coverage for:

• Boiler and Machinery
• Flood Movement
• Earth Movement
• Fungus Mold or Mildew
• Tenant Relocation Expense

Comprehensive coverage including:

• Foundations and Underground Piping
• Agreed Amount with No Co-insurance Penalty
• Carports/Garages/Walls
• Outdoor Recreational Property
• Signs and Fences
• Improvements and Betterments
• Protection and Preservation of Property

Note: This information does not constitute, replace or supplement policy language. The liability of Affiliated FM is limited to that contained in its insurance policies.