Flexibility - select your own features
Market leading fully flexible strata insurance with the ability to customise your policy to suit your strata building.
Compare Residential Strata Insurance Cover Levels
Choose the right protection for your strata property
Flex gives you the freedom to tailor your residential strata insurance to suit your building’s needs and budget. Whether you're managing a smaller strata scheme or a complex with broader risks, you can compare cover levels side by side. From Flex Essential to Flex Plus, find the right balance of affordability and protection. Use the table below to see what’s included in each tier, which optional extras are available, and who each product is best suited for. Designed for buildings of all sizes, our modular approach lets you pay for what you need, and nothing you don’t, without compromising on clarity, compliance or peace of mind.
essential
Eligibility
For consideration by smaller strata schemes, e.g. 10 lots or fewer
Building + Common Property Protection
Cover for your building and common property against loss or damage
Yes
Personal Injury Liability
Yes
Property Damage Liability
Yes
Resultant Damage from Escape of Liquid
Resultant Damage from Major Faults & Defects Cover
Best For
Budget-conscious buildings with lower risk profiles (≤ 10 lots)
Refer to PDS for inclusions and optional benefits
select
Eligibility
Choose between multiple optional covers with increased cover limits
Building + Common Property Protection
Cover for your building and common property against loss or damage
Yes
Personal Injury Liability
Yes
Property Damage Liability
Yes
Resultant Damage from Escape of Liquid
Yes
Resultant Damage from Major Faults & Defects Cover
Yes
Best For
Balanced coverage with flexible options - for buildings of any size
Refer to PDS for inclusions and optional benefits
plus
Eligibility
Choose between multiple optional covers with maximum cover limits
Building + Common Property Protection
Cover for your building and common property against loss or damage
Yes
Personal Injury Liability
Yes
Legal Liability
Yes
Resultant Damage from Escape of Liquid
Yes
Resultant Damage from Major Faults & Defects Cover
Yes
Optional Add-Ons Full flexibility
Voluntary workers
(NB NSW compulsory - optional other states/territories)
Yes
Fidelity Guarantee
(NB SA compulsory - optional other states/territories)
Yes
Office Bearers' Legal Liability
Yes
Machinery Breakdown
Yes
Catastrophe Insurance
Yes
Government Audit Costs, Appeal Expenses and Legal Defence Expenses
Yes
Lot Owners Fixtures and Improvements
Yes
Best For
Full protection with comprehensive coverage - for buildings of any size
Refer to PDS for inclusions and optional benefits
Need help choosing?
Visit our FAQs section for answers to common questions about inclusions, optional covers,
and how to decide which level is right for your building.
Why choose Flex Insurance?
In the modern world of Uber, Netflix and AirBnb we expect choice and simplicity. That’s why we developed <b>Flex Insurance</b>, a residential strata cover so flexible and affordable you can customise it to suit your building - and only pay for what you need.
Tailored to comprehensive cover
Cover can be tailored through a range of optional inclusions suitable for small to large residential strata buildings.
24/7 access
24/7 access to get a quote, purchase your insurance and also make a claim.
Strata Experts
Our parent company, CHU, has along and progressive history with more than 40 years of strata industry experience.
Who is Flex Insurance for?
For Self-Managed Schemes
If you choose to self-manage your scheme, Flex offers a simple and straight forward insurance solution, cutting through the confusing jargon so you can confidently choose the right cover for your building.
For Insurance Brokers
Designed in consultation with brokers, Flex is the perfect solution to provide your customers with an affordable, customised residential strata insurance policy to best suit their needs.
For Strata Managers
As a Strata Manager you may juggle many hats. Flex takes the complexity out of arranging Residential Strata Insurance with a simple and
affordable solution.
Flex Insurance is here to help
Phone
We’re here to help, so contact us today on 1300 201 021. For after-hours emergencies call 1800 022 444.
We are ready to help, ready to answer any questions you might have.
Make a claim
Complete our online claim form today.