Etiqa Coverage is the current appointed insurer to the obligatory HDB Hearth Insurance plan plan from August sixteen, 2024, to August 15, 2029. This compulsory policy, needed for all HDB flat homeowners with An excellent HDB bank loan, addresses the cost of reinstating the internal structure, fixtures, and fittings at first furnished by HDB. The rates are paid out for the five-yr time period and differ by flat kind, having a 4-home flat costing S£4.fifty nine by using a sum insured of S$117,000, plus a 5-room flat at S£5.forty three using a sum insured of S$144,800. This essential fireplace insurance plan isn't going to go over private belongings, renovations, or dwelling contents. For additional extensive coverage, Etiqa provides a individual Tiq Residence Insurance coverage plan, that may be acquired to complement The essential system. This coverage more info covers renovations nearly S£1 million, residence contents up to S£one hundred fifty,000, and includes options like 24/seven emergency aid and private legal legal responsibility.