Strata Community Insurance (SCI) building insurance: what each policy covers, and who underwrites it
2 building policies from Strata Community Insurance (SCI). For each: whether flood and accidental damage are covered, and what happens once the building is left empty, with the sentence from its own documents. Underwritten by Allianz Australia Insurance Limited.
- Website
- stratacommunityinsure.com.au/
- What it is
- Underwriting agency
- Listed on
- Apartment and unit buildings (strata)
- Underwriter
- Allianz Australia Insurance Limited
- APRA
- Authorised by APRA to write new general insurance (listed as Allianz Australia Insurance Limited)
- Sold by
- Strata Community Insurance Agencies Pty Limited · AFSL 457787
Building policies
Strata Community Insurance - Residential Strata
- Type
- Residential strata · Residential
- Sold
- Direct or through a broker
- Flood
- Optional extra
- Accidental damage
- Not stated
- Left empty
- Not stated.
- Who it is for
- Owners corporations of residential strata, unit or community title schemes (and company title / build-to-rent property).
- Documents
- Strata Insurance PDS & Policy Wording (effective 1 April 2026) (1 April 2026) · TMD - Strata: Loss or Damage Cover and Voluntary Workers Cover (1 April 2026) (1 April 2026) · Key Changes Summary
- The same PDS and policy wording is published for residential and commercial strata.
The policy
“Strata Community Insurance provides residential strata insurance backed by Allianz Australia Insurance Limited”
Source: stratacommunityinsure.com.au/get-insurance/residential/ · Confirmed on the insurer's page on 13 November 2026.
How it is sold
“The Product under this TMD may be distributed through any of the following means: • online through relevant websites • other third party distributors and brokers”
Source: einsure.com.au/wb/public/openPolicyDocument/TMDAGSTT0500426/$FILE/TMDAG_STT050.pdf · Confirmed on the insurer's page on 13 November 2026.
Flood
“If Flood is shown as included on Your Schedule, We will pay, for Loss or Damage caused by Flood which happens during the Period of Insurance.”
Source: stratacommunityinsure.com.au/wp-content/uploads/2026/03/PDS-Strata-Insurance-Policy-SCI-PPW-042026.pdf · Confirmed on the insurer's page on 13 November 2026.
Who it is for
“Residential strata insurance is coverage designed to protect residential properties including apartments, units, and townhouses.”
Source: stratacommunityinsure.com.au/get-insurance/residential/ · Confirmed on the insurer's page on 13 November 2026.
Strata Community Insurance - Commercial Strata
- Type
- Commercial strata · Commercial
- Sold
- Direct or through a broker
- Flood
- Optional extra
- Accidental damage
- Not stated
- Left empty
- Not stated.
- Who it is for
- Strata schemes with commercial tenancies where the commercial floor space ratio is 20% or greater, including mixed-use schemes with residential units.
- Documents
- Strata Insurance PDS & Policy Wording (effective 1 April 2026) (1 April 2026) · TMD - Strata: Loss or Damage Cover and Voluntary Workers Cover (1 April 2026) (1 April 2026) · Key Changes Summary
The policy
“Commercial Strata Insurance is designed for strata properties that include commercial tenancies such as shops, restaurants, cafes, or offices”
Source: stratacommunityinsure.com.au/get-insurance/commercial/ · Confirmed on the insurer's page on 13 November 2026.
How it is sold
“The Product under this TMD may be distributed through any of the following means: • online through relevant websites • other third party distributors and brokers”
Source: einsure.com.au/wb/public/openPolicyDocument/TMDAGSTT0500426/$FILE/TMDAG_STT050.pdf · Confirmed on the insurer's page on 13 November 2026.
Flood
“If Flood is shown as included on Your Schedule, We will pay, for Loss or Damage caused by Flood which happens during the Period of Insurance.”
Source: stratacommunityinsure.com.au/wp-content/uploads/2026/03/PDS-Strata-Insurance-Policy-SCI-PPW-042026.pdf · Confirmed on the insurer's page on 13 November 2026.
Who it is for
“where the commercial floor space ratio for the scheme is 20% or greater.”
Source: stratacommunityinsure.com.au/get-insurance/commercial/ · Confirmed on the insurer's page on 13 November 2026.
Who underwrites and sells it
Underwriter
“The Policy is insured by Allianz Australia Insurance Limited, ABN 15 000 122 850, AFS Licence No. 234708”
Source: stratacommunityinsure.com.au/wp-content/uploads/2026/03/PDS-Strata-Insurance-Policy-SCI-PPW-042026.pdf · Confirmed on the insurer's page on 13 November 2026.
Who sells it
“issued by Allianz Australia Insurance Limited ABN 15 000 122 850, AFS Licence No. 234708 (the Issuer) through its underwriting agent Strata Community Insurance Agencies Pty Limited ABN 72 165 914 009, AFS Licence No. 457787”
Source: einsure.com.au/wb/public/openPolicyDocument/TMDAGSTT0500426/$FILE/TMDAG_STT050.pdf · Confirmed on the insurer's page on 13 November 2026.
Allianz Australia Insurance Limited: licence
- AFS licence
- 234708 · ALLIANZ AUSTRALIA INSURANCE LIMITED
- ABN
- 15000122850
- Licensed since
- 5 January 2004
- Principal business
- Sydney NSW 2000
- General insurance
- Licensed to deal in general insurance products
From ASIC's AFS Licensee dataset, release of 11 November 2026, Creative Commons Attribution 3.0 Australia.
Distributor's licence
- AFS licence
- 457787 · STRATA COMMUNITY INSURANCE AGENCIES PTY LTD
- ABN
- 72165914009
- Licensed since
- 1 July 2014
- Principal business
- North Sydney NSW 2060
From ASIC's AFS Licensee dataset, release of 11 November 2026, Creative Commons Attribution 3.0 Australia.
Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. What each policy covers and who underwrites it are read from each insurer's own documents by hand and re-checked daily, so a change can take a day to appear, and the policy wording you are issued is what applies to you. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.