Etiqa Insurance is The existing appointed insurance provider for that obligatory HDB Hearth Insurance policies scheme from August 16, 2024, to August 15, 2029. This Obligatory plan, expected for all HDB flat entrepreneurs with An impressive HDB financial loan, addresses the cost of reinstating the internal composition, fixtures, and fittings at first supplied by HDB. The premiums are paid for a 5-calendar year period of time and more info fluctuate by flat sort, using a 4-home flat costing S£4.fifty nine using a sum insured of S$117,000, plus a 5-home flat at S£5.43 with a sum insured of S£one hundred forty four,800. This fundamental fireplace insurance plan isn't going to go over individual possessions, renovations, or house contents. For more detailed coverage, Etiqa provides a individual Tiq Residence Insurance plan, which may be purchased to enrich The fundamental plan. This plan addresses renovations up to S£1 million, house contents nearly S£150,000, and incorporates characteristics like 24/7 crisis help and private authorized legal responsibility.