Commercial Strata


AFS License No. 379787 

Highlights of CSI Commercial Strata cover:-

(The following are descriptive only. Actual coverage is subject to the language of the policies as issued. Please read our PDS for further details.)

Exploratory Costs


We will pay costs incurred to identify and locate the source of water damage caused by bursting or leaking pipes and any other system used to hold water.



We will pay the costs of replacing or repairing your electric motors less than 20 years old and not more than 5KWH which have been burnt out.

Green Upgrade


We will pay up to 25% more than the amount we would otherwise have paid to repair or replace an item in your buildings that have been lost, destroyed or damaged with Green material or products that improve the energy and water efficiency of your building. 
The most we will pay is $10,000.

Unit Owner’s Improvements


We will pay up to $250,000 any one unit for unit owner’s improvements that are damaged or destroyed.

Temporary Protection/Security Guard


We will pay up to $25,000 for temporary protection and employment of security guards to safeguard your damaged Buildings and Common Contents.

Replacement of Locks and Keys 


We will pay up to $5,000 to replace lost or stolen keys.

Cost of Re-letting


We will pay up to $1,500 to re-let a unit where a lease agreement is terminated as a result of an insured damage to the unit or Common Area

Water Removal


.We will pay up to $5,000 for expenses in removal of water from basement if inundated by a storm or downpour of rain (excluding flood).

Claims Preparation Expenses 


We will pay up to $20,000 for costs you reasonably incur for the preparation of a claim if your  buildings and common contents are damaged or destroyed.



We will increase your buildings and common contents sum insured annually by CPI amount.

Legal Costs 


We will pay up to $50,000 for your legal costs and expenses for disputes brought against You. 

Occupational Health & Safety Breaches 


We will pay up to $100,000 for your legal costs to appeal against any improvement, prohibition notice and the like imposed by any court or tribunal under any workplace occupational health and safety legislation or similar legislation. 

Tax Probe


We will pay up to $25,000 for  professional fees that you incur with a tax audit of your business financial affair.

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