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Residential Strata Insurance Plan

Cover for residential strata

Strata insurance is compulsory for residential buildings and common areas to cover theft, storm, water damage and fire as well as legal liability.

Australia’s first and and one of the largest residential strata specialist.

CHU created the very first strata plan insurance policy in Australia and started trading in Sydney in 1978. CHU has grown to become one of Australia’s largest strata insurance specialists, arranging insurance for more than 100,000 strata buildings. This was recognised with CHU winning the ANZIIF Underwriting Agency of the Year Award in 2017 and 2018  which commends demonstration of excellent technical skills, strong underwriting results and outstanding client service.

What is strata insurance? 

Residential Strata Insurance Plan

It is mandatory for strata title properties to hold residential strata insurance across Australia.

While each state and territory has different legislative requirements, it’s designed to cover common areas as defined on the property’s title including common property such as lawns, driveways, lifts and pools from events such as theft, storm, water, fire and malicious or accidental damage.

Strata insurance must also provide liability cover in the event of personal injury in connection with the insured property.

The CHU Residential Strata Insurance Plan covers:

Icon Cover for your building and common area contents
Cover for your building and common area contents
Icon Emergency and temporary protection
Emergency and temporary protection
Icon Legal liability
Legal liability
Icon loss of rent
Temporary accommodation and rent
Icon Removal and storage
Removal and storage of contents due to damage to property
Icon Office bearers legal liability
Office bearers' legal liability - optional

Why choose CHU?

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Almost 1 million properties protected
Emergency assistance 502x278
24/7 Claims Process and Emergency Hotline
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Over 40 years of insurance expertise

Important documents

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PDS and policy wording for policies effective 1 October 2023
Our policy encompasses additional and increased benefits over the minimum required by law.

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What has Changed for policies effective 1 October 2023
Outlines key policy changes, and should be read in conjunction with latest Product Disclosure Statement and Policy Wording.

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PDS and policy wording for policies effective 1 January 2022 - 30 September 2023
Our policy encompasses additional and increased benefits over the minimum required by law.

Download

Target Market Determination (TMD)
Target Market Determination is a document that describes who the product is appropriate for (target market), and any conditions around how the product can be distributed to customers.

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PDF Quote Form 
Download and complete a pdf quote form

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Why Choose CHU Flyer

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