Insurables — Australian business risk, sourced and dated

Strata managers: professional indemnity requirements in Australian Capital Territory

Cover for legal liability arising from professional advice or services, written on a claims-made basis.

Data as at

Verified for Australian Capital Territory

  • Licence liability condition: Yes — and it is a statutory duty on the role rather than a condition of any licence, which is the ACT's distinctive answer. Section 57 of the Unit Titles (Management) Act 2011 requires a manager to take out and maintain public liability insurance covering death, bodily injury or illness to anyone, and loss of or damage to anyone's property, happening because of any act or omission in the manager's management of the owners corporation. The minimum total amount of liability is prescribed by regulation rather than fixed in the Act. ACT · effective 2026-08-24 Australian Capital Territory Government · 2026-08-24
  • Licence evidence required: The obligation is to hold and maintain the cover for as long as the person manages the owners corporation. Because the duty attaches to the role rather than to a licence, there is no licensing regulator collecting a certificate at application or renewal — the owners corporation is the party with the interest in seeing it. ACT · effective 2026-08-24 Australian Capital Territory Government · 2026-08-24
  • Licensing body: There is no dedicated strata manager licence in the ACT. Owners corporation managers are regulated directly by the Unit Titles (Management) Act 2011. Section 50 lets an owners corporation contract with a person holding a real estate agent licence under the Agents Act 2003, or with someone else who is not managing another owners corporation and whose income as manager will not be their primary source of income. ACT · effective 2026-08-24 Australian Capital Territory Government · 2026-08-24

What contracts commonly ask for

Principals and head contractors set their own insurance requirements, and those are frequently higher than a licence condition. The requirement that binds is the higher of the two, and both have to be read from the actual document.

What this cover costs

This site publishes no cost benchmark for this cover. A benchmark needs a real sample of documents, and none is published until the sample is large enough to compute a median honestly. A benchmark from a handful of policies is a guess with a decimal point.

Sources