What are some emerging trends in strata insurance?

Dec 16, 2024 ... This guide outlines essential changes in how SCA members disclose strata insurance practices. At Vantage Strata, we're proud to follow this guide. Feb 27, 2025 ... Every strata scheme must set a budget each year. This budget should include an estimate of expenses for the year ahead, to help you work out the levies that ... Many customized plans can bridge coverage gaps and provide specific benefits to supplement other major medical or health insurance coverage. LEARN MORE ... Effective Nov. 1, 2020, amendments will require insurers or insurance agents to provide 30-day advanced notice directly to strata corporations of their ... Insurance for residential strata buildings and common areas and contents from theft, storm, water damage and fire as well as legal liability. 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. Jun 12, 2023 ... Many strata insurance policies provide an optional section of cover called “Machinery Breakdown” or “Equipment Breakdown” to guard against monetary losses. 150 (1) The strata corporation must obtain and maintain liability insurance to insure the strata corporation against liability for property damage and bodily ... Quick Links · Copyright © 2024 Strata Insurance Services. All rights reserved. ABN 14 167 214 182 · Request a Quote. Your name. Your email. Subject. cleaning. • insurance. • gardening. • small maintenance jobs. • building insurance. • utility bills for common property. • administrative costs. • strata ...