CGU Residential Strata Insurance is designed to protect the specific insurance needs of strata title properties.
Why you may need to be put in touch with an insurance adviser for this product
If your business has complex or unique needs in relation to Residential Strata Insurance, we may put you in touch with an independent insurance adviser who can help assess your risks and give you specialist advice on what level of cover will suit your needs.
Accidental damage and new-for-old cover
Buildings, common contents and common property are covered under the Residential Strata Insurance policy.
- Optional fidelity guarantee, office bearers’ liability and personal accident cover
- Choice of liability cover
- Pay by the month instalment option
- Terrorism cover
- No-loss sharing penalties for underinsurance
- Cover for loss of rent