Residential and Mixed Use Strata

Residential Strata properties in Australia are required to take out a Strata Insurance cover with the types of cover required differing in each state and territory. The QUS Strata Select product is ideally placed to service this market with the flexibility to develop a solution that fits the needs and risk exposures of each insured.

Strata Select has 8 sections of cover to choose from:

  • Property Insured
  • Property Owners Legal Liability
  • Fidelity Guarantee
  • Voluntary Workers Personal Accident
  • Office Bearer’s Liability
  • Machinery Breakdown
  • Legal Expenses
  • Audit Expenses

Risk Appetite

  • Building sum insured $1M+
  • Massive construction
  • Constructed after 1970
  • Located below the 25th parallel
  • Low claims frequency