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CHU expands strata offerings

CHU Underwriting Agencies has introduced new policies covering contents and landlords for strata properties.

The products are available to intermediaries on the CHU StrataTech platform and direct to customers via electronic quote forms.

CEO Bobby Lehane says the products are a “game-changer” in the contents and landlord insurance space.

“Many existing policies have excesses the consumer must pay when the damage to their assets was no fault of their own,” he said. “This places significant stress and financial burden on owners and landlords.”

The excess is waived if a policyholder and body corporate “both make an admitted claim for the same event and they have a CHU residential strata policy”.