How do I know if I am within the period of insurance?
The original developer will have provided documents to you via the conveyancer, including the Policy Document and the Certificate of Insurance. Part of the conveyance process includes enquires and reporting to you that the premises have a warranty in place.
Within the Policy Document is the Schedule, which states the cover period. The Period of Insurance generally runs from the Date of Issue on the Certificate of Insurance or the date of the first entry on the Land Registry, whichever is later and where they are within 12 months of each other. If the date of first entry is more than the 12 months from the date of issue, the period of insurance runs from the date of issue on the Certificate.
The date of first entry is normally the completion date of the first purchase / transfer of the property.