Etiqa Insurance policies is the current appointed insurer for your mandatory HDB Fire Insurance plan from August sixteen, 2024, to August 15, 2029. This compulsory policy, demanded for all HDB flat owners with An impressive HDB financial loan, addresses the price of reinstating the internal composition, 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 four-space flat costing S$4.fifty nine by using a sum insured of S$117,000, along with a five-place flat at S$5.forty three that has a sum insured of S$144,800. This essential hearth insurance policy does not address personalized belongings, renovations, or home contents. For additional extensive coverage, Etiqa provides a independent Tiq Dwelling Insurance plan policy, that may be ordered to complement The essential prepare. This policy handles renovations approximately S$1 million, click here household contents around S£one hundred fifty,000, and consists of options like 24/7 emergency guidance and personal lawful liability.