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Residential 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 Residential 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 Residential 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 Product
Disclosure Statement & 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.
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