Etiqa Insurance coverage is The existing appointed insurance provider with the mandatory HDB Fireplace Coverage plan from August sixteen, 2024, to August 15, 2029. This compulsory policy, required for all HDB flat owners with an outstanding HDB personal loan, handles the price of reinstating The interior construction, fixtures, and fittings originally furnished by HDB. The rates are paid out for any five-calendar year interval and range by flat variety, by using a 4-room flat costing S£4.fifty nine by using a sum insured of S$117,000, along with a five-place flat at S$5.43 which has a sum insured of S£one hundred forty four,800. This fundamental fireplace insurance plan isn't going to go over individual possessions, renovations, or property contents. For more comprehensive protection, Etiqa offers a separate Tiq Household Insurance policies policy, that may check here be ordered to enhance The essential system. This policy handles renovations as many as S$1 million, dwelling contents as many as S$a hundred and fifty,000, and involves attributes like 24/seven unexpected emergency assistance and private legal legal responsibility.