Etiqa Insurance coverage is the current appointed insurer for the mandatory HDB Fire Insurance coverage scheme from August 16, 2024, to August fifteen, 2029. This Obligatory plan, expected for all HDB flat entrepreneurs with An impressive HDB personal loan, handles the price of reinstating The interior construction, fixtures, and fittings originally provided by HDB. The rates are compensated for your five-yr period and vary by flat type, with a four-place flat costing S£4.59 having a sum insured of S$117,000, and a five-place flat at S$5.43 with a sum insured of S£one hundred forty four,800. This simple fire insurance would not address particular belongings, renovations, or house contents. For additional detailed coverage, Etiqa offers a different Tiq Property Insurance policy policy, that may be acquired to complement the basic system. This coverage covers renovations nearly S£1 million, house contents up to S£150,000, and includes capabilities like 24/7 emergency guidance and personal website lawful liability.