Etiqa Insurance plan is The existing appointed insurance provider with the mandatory HDB Fire Insurance scheme from August sixteen, 2024, to August fifteen, 2029. This Obligatory coverage, essential for all HDB flat house owners with An impressive HDB financial loan, addresses the price of reinstating The interior structure, fixtures, and fittings originally furnished by HDB. The rates are paid out for the 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 deal with personalized belongings, renovations, or house contents. For get more info 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 lawful legal responsibility.