Etiqa Insurance plan is The existing appointed insurer to the required HDB Fire Insurance coverage scheme from August 16, 2024, to August 15, 2029. This compulsory coverage, expected for all HDB flat entrepreneurs with an outstanding HDB mortgage, covers the cost of reinstating the internal construction, fixtures, and fittings initially supplied by HDB. The premiums are paid out for any five-yr time period and range by flat style, which has a four-home flat costing S£4.fifty nine which has a sum insured of S£117,000, and a five-home flat at S£5.forty three by using a sum insured of check here S£one hundred forty four,800. This simple hearth insurance policy isn't going to protect personalized belongings, renovations, or residence contents. For more comprehensive protection, Etiqa provides a individual Tiq Property Insurance policies coverage, which can be purchased to enrich The essential system. This coverage covers renovations as much as S£1 million, dwelling contents as many as S$150,000, and includes features like 24/seven unexpected emergency help and personal lawful liability.