Etiqa Insurance is The existing appointed insurance provider to the obligatory HDB Fire Insurance coverage plan from August sixteen, 2024, to August 15, 2029. This compulsory plan, expected for all HDB flat house owners with An excellent HDB mortgage, covers the expense of reinstating The interior structure, fixtures, and fittings at first supplied by HDB. The premiums are paid for your five-year interval and range by flat variety, having a four-place click here flat costing S$4.59 that has a sum insured of S$117,000, along with a five-area flat at S$5.forty three using a sum insured of S$a hundred and forty four,800. This simple fire insurance plan isn't going to include own possessions, renovations, or house contents. For additional thorough coverage, Etiqa provides a separate Tiq Dwelling Insurance policies policy, that may be obtained to enrich The fundamental plan. This plan covers renovations nearly S$1 million, home contents approximately S$one hundred fifty,000, and consists of options like 24/7 crisis support and private authorized legal responsibility.