Are there any specific insurance considerations for strata schemes with a high level of owner engagement and participation?

Aug 29, 2024 ... Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. What does strata insurance cover? · building fixtures such as pipes, hot-water systems, intercoms and air-conditioners · common property including gardens, ... Strata Insurance Group LLC in Wichita, KS. Call Today: (316) 219-1650. Address: 7340 W 21st St N Ste 103 Wichita, KS 67205. The privacy and security policies of external websites will differ from those of Strata Credit Union. Federally Insured by NCUA External Website. Equal Housing ... Feb 7, 2024 ... As of this year, there are no major changes to SPA. It still tells us that comprehensive property insurance is mandatory for all strata properties except bare ... Strata Insurance is a type of insurance specifically designed for owners and managers of strata properties. cleaning. • insurance. • gardening. • small maintenance jobs. • building insurance. • utility bills for common property. • administrative costs. • strata ... Mar 22, 2020 ... Strata insurance provides cover for the property & responsibilities of the owners corporation. Typically, strata insurance will not provide cover. The higher deductibles will affect you in two ways: 1. Your strata will no longer be able to make claims that would have been covered under your previous ... 150 (1) The strata corporation must obtain and maintain liability insurance to insure the strata corporation against liability for property damage and bodily ...