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Australia

Owners corporations: Tobacconist tenant triggers $200,000 insurance excess | The Canberra Times

A block of flats hit in Campbell A $200,000 insurance surplus following the move of a licensed tobacconist has led experts to warn other Canberra-owned companies will face huge premium increases and even be denied insurance cover altogether if a tobacconist, especially one involved in the illegal cigarette trade, becomes a tenant.

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