Etiqa Insurance plan is The present appointed insurance company to the obligatory HDB Hearth Insurance policies scheme from August 16, 2024, to August fifteen, 2029. This Obligatory plan, expected for all HDB flat entrepreneurs with An impressive HDB financial loan, addresses the price of reinstating the internal structure, fixtures, and fittings at first furnished by HDB. The premiums are paid to get a five-calendar year period of time and fluctuate by flat variety, using a 4-home flat costing S£4.fifty nine using a sum insured of S$117,000, along with a five-place flat at S$5.43 which has a sum insured of S£144,800. This basic fireplace insurance plan isn't going to go over individual click here possessions, renovations, or property contents. For more comprehensive protection, Etiqa offers a separate Tiq Household Insurance policies policy, that may be ordered to enhance The essential system. This coverage handles renovations as many as S$1 million, home contents as many as S$a hundred and fifty,000, and involves attributes like 24/seven unexpected emergency assistance and private legal legal responsibility.