Commercial Strata
The Axis Commercial Strata insurance policy provides you with an alternative market for your commercial and industrial strata clients. This competitively priced strata package provides coverage for strata property as diverse as retail shops through to multi tenanted industrial parks.
Some of the features and benefits of our commercial strata policy wording are:
Building and Contents
- Insured against accidental damage and new for old replacement
- No penalty for under insurance
Rent and Extra Costs
- Up to 15% of the building sum insured for loss of rent and temporary accommodation costs
- Disaster protection option
Liability
- Legal Liability for personal injury and property damage up to $20,000,000
Machinery
- Accidental breakdown – as per sum insured
Electronics
- Accidental breakdown – equipment listed on schedule
Theft of Funds
- Theft by member or employees
Personal Accident
- Voluntary workers – death and loss of earning
Office Holders Liability
- Officers and members indemnity
- Audit fees
- OH&S defence costs
Axis Commercial Strata underwritten by Lloyd’s of London and is a Steadfast endorsed policy.
Policy Wordings
Proposal Forms
Claim Form