Etiqa Coverage is The present appointed insurance company to the obligatory HDB Hearth Insurance policies scheme from August 16, 2024, to August 15, 2029. This Obligatory plan, expected for all HDB flat entrepreneurs 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 to get a 5-calendar year period of click here time and fluctuate by flat sort, using a 4-home flat costing S£4.fifty nine using a sum insured of S$117,000, and a five-place flat at S$5.43 which has a sum insured of S£144,800. This basic fireplace insurance plan isn't going to go over personal possessions, renovations, or property contents. For more comprehensive protection, Etiqa offers a separate Tiq Household Insurance policies policy, that may be acquired to complement The essential system. This policy handles renovations approximately S$1 million, dwelling contents approximately S$a hundred and fifty,000, and involves attributes like 24/seven unexpected emergency assistance and private legal legal responsibility.