Frequently asked questions about Strata Insurance

This product is designed to provide cover for small residential strata titled properties, community titled properties or residential properties associated with a body corporate or owners association.  The policy will provide cover to buildings and common areas that are the responsibility of the body corporate or owners corporation for insurance purposes according to the relevant legislation in your state.  You may also choose to cover any common contents under this policy.

When we insure your building and common contents you are covered for insured events and accidental loss or damage such as:

• Flood
• Storm
• Fire
• Earthquake and Tsunami
• Theft or burglary
• Breakage of glass
• Malicious acts or vandalism

You are also covered for a range of additional features and covers due to an insured incident at no extra cost such as:

• Removal of debris
• Emergency repairs
• Motor burnout
• Embezzlement of funds
• Office bearer’s liability
• Voluntary workers cover

For full details, including conditions, exclusions and limits please read the PDS.

Your common contents means your unfixed property at the insured address that is contained within the common areas of your building, such as:

• Unfixed wall, floor and ceiling coverings
• Tools and cleaning equipment
• Office equipment, electronic equipment and telephones you use in your administration office

For full details, including conditions, exclusions and limits please read the PDS.

You must insure your building under your policy before you can insure common contents.