What are the training requirements for strata committee members regarding insurance?

The Strata Insurance is a multi class insurance policy specifically designed to insure jointly owned properties by multiple stakeholders such as Unit owners, ... Jul 4, 2023 ... Strata insurance is structured to protect common contents and property under a strata title or body corporate entity. Strata Insurance covers residential buildings within a complex and common areas such as garages, sealed driveways, and swimming pools. Jul 10, 2023 ... The strata insurance market continues to harden with insurance premiums subject to sustained increases. Even where there has been no claims ... Strata insurance covers the building and common property around the building. The cover normally extends as far as the fences and driveways and includes ... Apr 22, 2024 ... A strata owner may be required to pay the strata corporation's insurance deductible. This could be a significant expense as deductibles of ... We offer insurance for all strata risks, including: Our product strives for market leadership through its innovative features, superior quality and pricing ... Find out what insurance a body corporate must take out if it is registered under a building format plan. Welcome to Strata Insurance. Badly managed Insurance processes cause anxiety and stress for you, your Owners Corporation Management colleagues. Strata insurance usually includes cover for common areas such as gardens, lifts, walls, windows, pools, ceiling, floors and some liability cover for injury to ...