Australia’s first and and one of the largest residential strata specialist.
CHU created the very first strata plan insurance policy in Australia and started trading in Sydney in 1978. CHU has grown to become one of Australia’s largest strata insurance specialists, arranging insurance for more than 100,000 strata buildings. This was recognised with CHU winning the ANZIIF Underwriting Agency of the Year Award in 2017 and 2018 which commends demonstration of excellent technical skills, strong underwriting results and outstanding client service.
Residential Strata Insurance Plan
It is mandatory for strata title properties to hold residential strata insurance across Australia.
While each state and territory has different legislative requirements, it’s designed to cover common areas as defined on the property’s title including common property such as lawns, driveways, lifts and pools from events such as theft, storm, water, fire and malicious or accidental damage.
Strata insurance must also provide liability cover in the event of personal injury in connection with the insured property.
The CHU Residential Strata Insurance Plan covers:
Emergency and temporary protection
Temporary accommodation and rent
Removal and storage of contents due to damage to property
Office bearers' legal liability - optional
Why choose CHU?
Almost 1 million properties protected
24/7 Claims Process and Emergency Hotline
Over 40 years of insurance expertise
PDS and policy wording for policies effective 1 October 2023
What has Changed for policies effective 1 October 2023
PDS and policy wording for policies effective 1 January 2022 - 30 September 2023
Target Market Determination (TMD)
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