Etiqa Insurance is The existing appointed insurance company to the obligatory HDB Hearth Insurance coverage scheme from August sixteen, 2024, to August fifteen, 2029. This compulsory policy, required for all HDB flat owners with An impressive HDB financial loan, addresses the cost of reinstating the internal composition, fixtures, and fittings initially provided by HDB. The rates are compensated for the five-year interval and fluctuate by get more info flat sort, having a four-place flat costing S$4.59 which has a sum insured of S£117,000, plus a 5-home flat at S£5.43 which has a sum insured of S£144,800. This basic fireplace insurance policy doesn't address particular belongings, renovations, or home contents. For additional extensive protection, Etiqa provides a separate Tiq Dwelling Insurance policies policy, that may be acquired to complement The essential program. This plan addresses renovations as much as S£1 million, residence contents up to S£150,000, and incorporates functions like 24/seven unexpected emergency assistance and private legal legal responsibility.