Etiqa Insurance policies is the current appointed insurer for the mandatory HDB Fireplace Insurance plan plan from August 16, 2024, to August 15, 2029. This Obligatory coverage, necessary for all HDB flat homeowners with An excellent HDB loan, handles the expense of reinstating The interior structure, fixtures, and fittings at first supplied by HDB. The premiums are paid for just a 5-yr period and vary by flat style, that has a 4-room flat costing more info 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£one hundred forty four,800. This simple fire coverage isn't going to go over personal possessions, renovations, or residence contents. For more detailed coverage, Etiqa provides a individual Tiq House Coverage coverage, which can be procured to enhance the basic system. This policy handles renovations approximately S$1 million, household contents around S£one hundred fifty,000, and includes capabilities like 24/7 crisis support and personal authorized liability.