Etiqa Insurance policies is the current appointed insurer for your mandatory HDB Fire Insurance plan from August sixteen, 2024, to August 15, 2029. This compulsory policy, required for all HDB flat owners with An impressive HDB financial loan, addresses the price of reinstating the internal composition, fixtures, and fittings at first supplied by HDB. The premiums are paid for just a 5-12 months time period and vary by flat type, which has a four-area flat costing S$4.fifty nine that has a sum insured of S$117,000, as well as a 5-home flat at S$5.43 which has a sum insured of S£144,800. This basic fireplace insurance policies will not cover own possessions, renovations, or house contents. For additional detailed coverage, Etiqa provides a individual Tiq House Coverage coverage, which can be procured to enhance the basic approach. This coverage covers renovations nearly S$1 million, home contents as many as S$a hundred and fifty,000, and involves attributes like 24/seven emergency aid and personal website lawful legal responsibility.