Etiqa Insurance coverage is The existing appointed insurance provider for that obligatory HDB Hearth Insurance policy scheme from August 16, 2024, to August fifteen, 2029. This Obligatory coverage, needed for all HDB flat proprietors with an outstanding HDB personal loan, handles the price of reinstating the internal structure, fixtures, and fittings at first supplied by HDB. The premiums are compensated for your 5-yr period and change by flat form, by using a 4-home flat costing S£4.59 having a sum insured of S£117,000, in addition to a five-space flat at S£5.forty three using a sum insured of S$a hundred and forty four,800. This simple fire coverage won't go over individual click here possessions, renovations, or property contents. For more in depth coverage, Etiqa provides a individual Tiq Residence Insurance coverage, which can be procured to enhance the basic system. This coverage covers renovations as many as S$1 million, dwelling contents approximately S$one hundred fifty,000, and consists of options like 24/seven emergency guidance and personal lawful liability.