Home Insurance - Society Flat calculation?

[Expert]

Gargi, I have one question for you. Could you please tell that -

Is society management not asking for insurance premium for the area which is common area like stair case, common party area, society office, guard room etc.?

I have asked this because in my society they charge for this also.

[Gargi Gupta]

Thanks PolicyWala for telling me the calculations.

Expert - I have checked with the Society. They have told me that I need to pay Rs. 50/- for common assets of the society.

Thanks both of you.