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CHU Strengthens Strata Insurance with Built-in Liability and Immediate Price Visibility

Innovative Policy Reforms and Pricing Tools Enhance Strata Insurance Experience

CHU Strengthens Strata Insurance with Built-in Liability and Immediate Price Visibility?w=400

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CHU Underwriting Agencies has introduced significant enhancements to its residential strata insurance policies, focusing on built-in liability coverage and immediate price visibility.
These reforms aim to make coverage more responsive to the realities of modern strata living and streamline the insurance process for brokers and clients alike.

A central feature of the update is the inclusion of built-in liability coverage, designed to bridge gaps in coverage and ensure strata owners are better protected. This enhancement reflects CHU's commitment to evolving insurance solutions in line with customer needs.

In addition to policy enhancements, CHU has launched an indicative pricing feature that provides brokers with immediate, non-binding premium estimates. This tool improves visibility and reduces delays in the quoting process, allowing brokers to deliver better outcomes for their clients and spend more time supporting strata communities.

These innovations have earned CHU recognition as one of Insurance Business' 5-Star Insurance Innovators for 2025, underscoring the company's dedication to practical improvements that respond to customer needs. By addressing bottlenecks in both coverage and process, CHU continues to support brokers, strata managers, and owners with solutions that evolve alongside the environment they operate in.

Published:Friday, 8th May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

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Knowledgebase
Grace Period:
A time period after the premium is due during which an insurance policy remains in force even if the premium has not yet been paid.

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