Etiqa Insurance is The existing appointed insurance company for that obligatory HDB Hearth Insurance policy 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 inner composition, fixtures, and fittings initially provided by HDB. The rates are compensated for the five-calendar year period of time and fluctuate by 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 policies doesn't cover particular belongings, renovations, or home contents. For additional extensive coverage, Etiqa provides a independent Tiq Dwelling Insurance plan policy, that may be acquired to complement The essential program. This click here policy addresses renovations as much as S£1 million, residence contents up to S£150,000, and features characteristics like 24/7 unexpected emergency help and private legal legal responsibility.