Etiqa Insurance plan is the current appointed insurance company for the necessary HDB Hearth Coverage plan from August sixteen, 2024, to August fifteen, 2029. This Obligatory plan, required for all HDB flat proprietors with an outstanding HDB bank loan, covers the cost of reinstating the internal composition, fixtures, and fittings at first furnished by HDB. The premiums are paid for a 5-12 months time period and differ by flat kind, with a four-area flat costing S$4.fifty nine using a sum insured of S£117,000, and a five-room flat at S£5.43 that has a sum insured of S$a hundred and forty four,800. This simple fireplace insurance policies doesn't deal with private possessions, renovations, or home contents. For more in depth coverage, Etiqa read more offers a individual Tiq Home Insurance policy coverage, that may be purchased to complement The fundamental system. This plan handles renovations up to S$1 million, house contents around S$one hundred fifty,000, and involves capabilities like 24/seven unexpected emergency support and personal legal legal responsibility.