Etiqa Insurance plan is The existing appointed insurance provider with the mandatory HDB Fireplace Insurance plan from August sixteen, 2024, to August fifteen, 2029. This Obligatory coverage, essential for all HDB flat house owners with An excellent HDB bank loan, addresses the cost of reinstating the internal structure, fixtures, and fittings at first furnished by HDB. The rates are paid out for any five-year interval and change by flat style, which has a four-area flat costing S$4.59 with a sum insured of S£117,000, in addition to a five-area flat at S$5.forty three that has a sum insured of S$144,800. more info This basic fireplace insurance plan isn't going to protect private belongings, renovations, or dwelling contents. For additional extensive coverage, Etiqa provides a independent Tiq House Insurance plan, which may be bought to enrich The fundamental program. This plan addresses renovations around S$1 million, household contents approximately S$a hundred and fifty,000, and contains attributes like 24/seven unexpected emergency assistance and private legal legal responsibility.