Etiqa Insurance policy is The existing appointed insurance provider with the required HDB Hearth Insurance policies 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 vary by flat style, that has a 4-room flat costing S£4.fifty nine using a sum insured of S$117,000, and a five-area flat at S$5.forty three using a sum insured of S$a hundred and forty four,800. This standard fire coverage won't go over individual possessions, renovations, or property contents. For more in depth coverage, Etiqa offers a individual Tiq House Insurance coverage, which can be procured to enhance the basic system. This coverage handles renovations approximately S$1 million, household contents around S£one hundred fifty,000, and includes capabilities like 24/7 crisis support and private authorized legal more info responsibility.