Etiqa Insurance is The present appointed insurance company to the necessary HDB Hearth Insurance coverage scheme from August sixteen, 2024, to August fifteen, 2029. This compulsory policy, required for all HDB flat owners with An impressive HDB financial loan, addresses the cost of reinstating the internal composition, fixtures, and fittings initially provided by HDB. The rates are compensated for the five-year interval and range by flat sort, having a four-place flat costing S$4.59 which has a sum insured of S£117,000, plus a 5-room flat at S£5.43 with a sum insured of S£one hundred forty four,800. This basic fireplace insurance policies will not cover own belongings, renovations, or house contents. For additional thorough coverage, Etiqa provides a independent Tiq Home Insurance plan coverage, which can be ordered to enhance The essential prepare. This more info policy handles renovations around S$1 million, property contents as much as S£one hundred fifty,000, and includes capabilities like 24/7 crisis support and private lawful liability.