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Body Corporate Elite Package
Chubb Commercial Insurance

Chubb Insurance is a global insurer that insures some of the biggest property owners, residential strata and property trusts in Australia and around the world.

When choosing a residential strata insurer for your company, one of the most important things to look for is an insurer that is financially secure and one that can pay your covered claims quickly. For over 120 years, financial stability and superior claims handling have been the foundation of The Chubb Corporation’s success.

If you want an insurance product specifically tailored for high rise residential apartment buildings, you need Chubb Insurance’s Body Corporate Elite Package.

Chubb Insurance offers:

  • Broad coverage for residential strata building
  • Substantial Capacity
  • Technical expertise
  • Professional loss control advice
  • Cover tailored for high rise (more than 4 stories) residential strata properties
  • Competitive premiums
  • Superior financial strength
The Policy

Chubb Insurance offers a tailored Package Policy known as “Body Corporate Elite”. The package consists of 6 Policies:
  • Policy 1 – Property Insurance
  • Policy 2 – General Liability
  • Policy 3 – Crime Insurance
  • Policy 4 – Machinery Breakdown
  • Policy 5 – Management Committee Liability
  • Policy 6 – Voluntary Workers

Risk Management Plus™

All Body Corporate Elite Insured’s receive a complimentary copy of Chubb Insurance’s Risk Management Plus CD.

Risk Management Plus™ for residential complexes is a collection of resources for the Body Corporate Manager and/or Management Committee. The software is designed to compliment existing risk management loss control programs and/or to assist with the development of these.

Chubb’s Loss Control Services developed the software, which includes topical fact sheets and check lists that address anticipated risk exposures associated with a residential strata facilities, such as fire, security issues and contractor controls. The resources contained in the CD represent a combined risk management approach based on Chubb Insurance Loss Control expertise and recognised industry standards.

No matter how large or small your residential strata complex is, the information contained in Risk Management Plus™ can help you better manage your risk.