Business Insurance
Strata Insurance
To simplify, support, and cover residential communities in the most comprehensive way possible.
Strata Insurance is designed to provide comprehensive coverage for both building and common area contents, as defined on the property’s title. Common property like car parks, lobby, lawns, driveways, lifts, and pools are covered for events including theft, storm, water damage, fire, and malicious or accidental damage.
Such coverage ensures that repair and replacement costs are taken care of in the event of unforeseen incidents, providing financial protection for unit owners and owners associations in the following areas.
Building and Common Area Contents
Emergency and Temporary protection
Legal liability including liability cover for personal injury in connection with the insured property
Temporary Accommodation and Rent
Removal and Storage of contents due to damage to property
Machinery Breakdown – Chillers, lifts, water systems
Office Bearers Liability
Whether you are a property developer, owners’ association, or facility manager, FISCO ensures that your community is fully protected with strata insurance that you can trust.