Etiqa Insurance policies is the current appointed insurer for the required HDB Fireplace Insurance plan scheme from August 16, 2024, to August fifteen, 2029. This Obligatory coverage, necessary for all HDB flat homeowners with an outstanding HDB loan, handles the price of reinstating The interior structure, fixtures, and fittings at first supplied by HDB. The premiums are paid for just a 5-yr period and change by flat form, by using a 4-room flat costing S£4.59 having a sum insured of S£117,000, and also a 5-room flat at S£5.43 with a sum insured of S£one hundred forty four,800. This fundamental fireplace insurance policies will not include own possessions, renovations, or house contents. For additional thorough coverage, Etiqa provides a individual Tiq House Insurance coverage, which can be purchased 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 more info attributes like 24/seven unexpected emergency assistance and private legal legal responsibility.