What is the cost of such a certificate?

We presently charge R550 including VAT. This is in line with what the main insurers charge.

It would appear that costs range from R500 up to R1,500 per certificate with the happy norm being R500 – R850.

Any additional premium charged to the body corporate due to an increase in the sum insured will usually be recovered by the body corporate from the owner.

What is involved in issuing an insurance certificate?