Are there any specific insurance considerations for strata schemes with smoking restrictions or smoke-free by-laws?

Aug 29, 2024 ... Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. Strata Insurance provides cover for the common, or shared areas of apartment buildings or townhouse complexes. As well as insuring the building itself, ... Strata Insurance policies cover material damage as a result of an insured peril to structural fixtures including fixed plant, machinery and underground services ... Your strata insurance should cover shared property such as the building's exterior, shared facilities, car park and public liability for the property. Feb 18, 2024 ... Strata will have a building insurance policy which will cover things like damage to the structural building, common property areas etc. You ... Many customized plans can bridge coverage gaps and provide specific benefits to supplement other major medical or health insurance coverage. LEARN MORE ... Mar 22, 2020 ... Strata insurance provides cover for the property & responsibilities of the owners corporation. Typically, strata insurance will not provide cover. May 13, 2024 ... In this article, let's meet the 18 insurance underwriters strata citizens players will come across. Sep 23, 2024 ... on average, strata Insurance policies are currently experiencing premium increases of 10-20% or more for properties with no outstanding claims ... 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 ...