Etiqa Coverage is The present appointed insurance company to the necessary HDB Fire Insurance coverage scheme from August sixteen, 2024, to August fifteen, 2029. This compulsory policy, 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 paid for just a 5-yr time period and vary by flat type, which 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$5.43 that has a sum insured of S£one hundred forty four,800. This fundamental fireplace insurance plan will not include own possessions, renovations, or house contents. For additional thorough coverage, Etiqa provides a independent Tiq Home Insurance plan coverage, that may be acquired to complement The essential prepare. This policy handles renovations around S£1 million, check here residence contents up to S£150,000, and features characteristics like 24/7 unexpected emergency help and private legal legal responsibility.