Etiqa Insurance is The existing appointed insurance provider for the mandatory HDB Fire Insurance plan from August sixteen, 2024, to August fifteen, 2029. This compulsory policy, needed for all HDB flat proprietors with an outstanding HDB loan, covers the expense of reinstating The inner framework, fixtures, and fittings initially provided by HDB. The rates are compensated for the five-yr period and change by flat style, that has a four-space flat costing S$4.fifty nine that has a sum insured of S$117,000, as well as a 5-home flat at S£5.43 having a sum insured of S£one hundred forty four,800. This simple fire insurance would not deal with personalized belongings, renovations, or dwelling contents. For additional extensive coverage, Etiqa provides a independent Tiq Home Coverage coverage, which can click here be procured to enhance the basic plan. This coverage covers renovations nearly S£1 million, house contents nearly S£150,000, and features characteristics like 24/7 crisis support and personal authorized liability.