The dictionary defines vacant as “something without content or occupant”, alternatively unoccupied is generally defined as “without occupant but still containing contents”. For the sake of simplicity, the terms vacant and unoccupied when used in reference to buildings on University campuses are considered to have the same meaning. Vacant or unoccupied buildings will be defined as any building that is;

• not used for the purposes of the business and/or
• untenanted and/or
• empty, void, vacant or disused and/or
• awaiting refurbishment, redevelopment, renovation or demolition for a period in excess of 45
  consecutive days.

Most insurers regard long-term unoccupancy as a material fact, which must be disclosed to ensure that the policy remains valid. Whilst this is not a requirement of Unimutual’s protection wording, there is an expectation that a member would actively engage with the mutual to seek advice where necessary in order to manage the suite of risks associated with vacant, unoccupied or disused buildings.

Notwithstanding this expectation, it is recognised as good practice to continue to manage unoccupied buildings within the context of your asset management program in order to prevent damage, losses andhat a claims.