CHU Launches Tailored Insurance Solutions for Strata Lot Owners

Kimberley Jonsson, CEO of CHU, emphasized the importance of aligning insurance solutions with the unique aspects of community living. By extending their community association insurance to include lot owner homes and landlords, CHU aims to offer additional flexibility and fit-for-purpose options that cater to the specific requirements of strata residents.

The newly introduced landlord insurance covers a range of scenarios, including loss of rent, tenant default, and damage caused by tenants. This comprehensive protection ensures that property owners can safeguard their investments against unforeseen events. Similarly, the home and contents insurance is tailored to meet the needs of owner-occupiers, offering coverage for personal belongings and internal fixtures within the lot.

These product enhancements are part of CHU's broader strategy to provide holistic insurance solutions that address both common property and individual lot owner needs. By offering these tailored options, CHU reinforces its commitment to supporting the resilience and well-being of strata communities across Australia.