Etiqa Insurance is The present appointed insurance provider for the necessary HDB Hearth Insurance plan plan from August sixteen, 2024, to August fifteen, 2029. This compulsory coverage, essential for all HDB flat house owners with An impressive HDB financial loan, addresses the price of reinstating the internal structure, fixtures, and fittings at first supplied by HDB. The premiums are paid for just a 5-yr period and vary by flat style, that has a 4-home flat costing S£4.59 that has a sum insured of S$117,000, along with a five-space flat at S£5.43 that has a sum insured of S$a hundred and forty four,800. This simple fireplace insurance policy does not protect personal belongings, renovations, or household contents. For more extensive protection, Etiqa provides a separate Tiq Residence Coverage policy, which can be obtained to enhance The essential approach. This policy covers renovations as much as S$1 million, residence contents around S$one here hundred fifty,000, and contains characteristics like 24/7 unexpected emergency help and personal legal legal responsibility.