Etiqa Insurance coverage is The existing appointed insurance provider for that obligatory HDB Hearth Insurance policy scheme from August 16, 2024, to August fifteen, 2029. This Obligatory policy, needed for all HDB flat proprietors with an outstanding HDB personal loan, handles the price of reinstating the internal composition, fixtures, and fittings at first supplied by HDB. The premiums are paid for just a 5-yr period and change by flat form, by using a 4-room flat more info costing S£4.fifty nine having a sum insured of S£117,000, in addition to a five-space flat at S£5.forty three using a sum insured of S$a hundred and forty four,800. This simple fire coverage won't go over individual possessions, renovations, or property contents. For more in depth coverage, Etiqa offers a individual Tiq Residence Insurance plan, which may be purchased to enhance the basic approach. This coverage covers renovations as many as S$1 million, dwelling contents approximately S$a hundred and fifty,000, and contains features like 24/seven emergency guidance and personal lawful liability.