Introduction

When it comes to your residential strata property, you need a specialist insurance provider. With a proven track record for exceptional service, Strata Unit Underwriters offer comprehensive policy coverage to suit the unique requirements of every building.


Product Features

Our comprehensive, 13-section residential strata policy provides coverage associated with:

  • Accidental Damage, Physical Loss, or Destruction of your building or common contents
  • Breakage of Glass
  • Loss or damage of property as a result of theft or attempted theft
  • Legal liability for Owners Corporation/Body Corporate
  • Loss following fraudulent misappropriation of funds
  • Office Bearers' Liability
  • Injury of Voluntary Workers
  • Government Audit Costs for your financial affairs
  • Legal expenses following proceedings brought against you
  • Legal expenses for Workplace Health and Safety Breaches
  • Machinery Breakdown
  • Lot-owner improvements
  • Workers Compensation

Key Features

  • Storm surge cover resultant from named cyclone
  • Automatic 15% Catastrophe cover (optional additional 15%)
  • Automatic 15% Loss of Rent cover (optional additional 15%)
  • Liability cover for Members, Volunteers, Voluntary Workers and Fire Wardens
  • Liability and Office Bearers’ cover for your Strata Manager whilst acting in the Body Corporate’s capacity      
  • Strata Manager Defence costs
  • Office Bearers’ cover extended to 30 days following expiry
  • Office Bearers’ cover including automatic reinstatement of sum insured
  • Office Bearers' cover for unintentional acts outside of authority
  • Office Bearers' cover for your unintentional decision not to effect and maintain insurance as required under your strata legislation
  • Automatic Paint and Wall coverings cover (NSW/ACT)
  • Optional Floating Floor cover

*Flood cover considered on request