How is insurance managed during the development phases?

We are going to chat about the insurance that this entity must carry, what's inside this policy, and how it directly affects unit owners. Dec 13, 2022 ... A general guide to help explain how the responsibility for repairs may be governed in cases where the strata corporation's insurance policy is not triggered. Strata insurance can cover the building and all common or shared property, and contents which belong to the owners' corporation. The type of cover and its cost ... Dec 6, 2022 ... Under strata or body corporate management legislation in those States, an owners' corporation is excluded from the operation of the Corporations ... Aug 21, 2023 ... Transaction to create leading corporate risk and strata insurance offering in Australia and New Zealand. Sydney, 21 August, 2023 – Marsh, ... Jun 25, 2021 ... Public liability insurance is mandatory for all strata property whether commercial, residential, or mixed-use strata property. Public liability ... Who should consider it? Strata insurance is a compulsory in every state - so if you're part of an owners' corporation in a townhouse, unit, flat, apartment or ... Strata insurance typically covers common area contents, the building and shared property in the event of loss or damage. Generally, events like theft of common ... May 5, 2021 ... Minimum insurance. Insurance is important to protect your owners corporation (formerly body corporate) and the personal assets of all lot owners ... Who should consider it? Strata insurance is a compulsory in every state - so if you're part of an owners' corporation in a townhouse, unit, flat, apartment or ...