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Posted 20 May 2024
Category: Aluminium Cladding, eBooks
An owners corporation is required by legislation to hold residential strata insurance. This insurance covers common property managed by the owners corporation including common areas, lifts, pools, car parks, gardens, wiring, balconies, walls, windows, ceilings and floors.
You would have found whilst obtaining your building strata insurance that many detailed disclosures were required. Like any other insurance policy, each strata insurer has different exclusions, policy terms and conditions and premiums. Some factors that contribute to premiums include:
However, what are you in fact covered for in the event of a fire?
It is important for the owners corporation to:
To access more guidelines on Aluminium Cladding fill in the below form to download our Bannermans Aluminium Cladding Fire Safety Guidelines for free.