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Commercial Strata Title Mortgagee Protection
Insurance applies when you own part of a building that
has been subdivided, usually into strata title units,
and you have a mortgage on that part of the building.
This insurance provides security for a mortgagee by
acting as a supplement to the proportion of the Body
Corporate insurance cover, should the level of cover
prove insufficient or non-existent following an insurable
loss.
It is available under our Commercial Landlord Insurance
Policy and complies with the requirements of lenders
who request that Strata Title Mortgagee Protection Insurance
be effected.
This overview is intended
as only a brief summary of the features, benefits, and
covers provided by the Strata Unit Underwriters Commercial
Landlord Insurance Policy. Each section of the policy
is subject to exclusions, terms and conditions. For
full details of the cover provided please refer to the
Policy Wording.
Strata Unit Underwriters hold Australian Financial Services
Licence Number 246719 and are authorised to provide
Financial Product Advice and Deal in a Financial Product. |
