I just bought a 1050sqft strata condo and loan already disburse and all. Suddenly got a message from the bank saying I have due premium for fire insurance about 1k++.

When I was applying loan, I didn't sign any fire insurance application as I thought condo fire insurance is managed by the JMB. Banker didn't mentioned he will apply fire insurance for me as well.

Now I ask the banker he say later he will call me, I wanna know whether fire insurance need purchase myself instead of JMB if its a strata non landed property?

The fire insurance is management pay using our monthly maintenance fees or need to pay another amount by ourselves each year ya?