Rent Default is Back!
CHU is pleased to announce it has restored the option for rent default cover in its Landlords Insurance for Strata effective from 1 July 2021.
Like most underwriters and insurers, CHU temporarily withdrew rent default cover for new customers from 14 May last year due to COVID-19 concerns. However, rent default cover remained in place for existing customers who purchased prior to 14 May 2020 and on renewal.
From 1 July 2021, CHU Landlords Insurance for Strata will offer optional rent default cover (for up to 15 weeks) for all existing and new customers.
Please note, if you have an existing policy which commenced between 14 May 2020 and 30 June 2021 and you would like to include rent default cover please get in touch with the CHU team who can assist.
CHU Landlords Insurance for Strata offers insurance for owners of apartments, units, villas and townhouses so that they can continue to receive rent if the tenant defaults, suddenly departs or where it’s unfit to be occupied due to damage to the property (up to certain policy limits). It also provides cover for the landlord's contents.
For full details, please refer to the Product Disclosure Statement which can be viewed on the CHU website or obtained by contacting CHU directly.
Click here to get details of the CHU Landlords Insurance for Strata, including the rental default cover.
If you have any queries don’t hesitate to contact us:
Broker and strata manager enquiries
Phone: 1300 361 263 (9am-5pm)
Direct customer enquiries
Phone: 1300 289 248 (9am-7pm AEST)