Are your Strata clients often confused about Strata Insurance, what it covers, and the other insurance policies they need in place to protect their assets? Below we answer the most common questions we get asked on Strata Insurance, to help you guide your clients through this often confusing area of insurance.
Archives for November 2016
What is Office Bearers Liability Insurance? Office Bearers Liability Insurance is an important cover designed to provide protection to the Owners Corporation Committee members against losses arising from alleged wrongful acts committed in the course of carrying out their duties as the committee. In what is becoming an increasingly litigious
With the most significant Strata Law Reform* package in decades passing the NSW Parliament, it is essential that as a Strata Manager, you understand how these changes are going to impact the duties and obligations you have to your clients come November 30, 2016. While many of the new laws affecting
Running a small business out of a residential strata unit may cause major issues in relation to insurance. Not only can it increase the risk of a public liability claim, but it can also change the property classification from residential strata to commercial strata. A change in property classification almost