Etiqa Insurance policies is the current appointed insurer for the required HDB Fireplace Insurance plan plan from August 16, 2024, to August 15, 2029. This Obligatory coverage, essential for all HDB flat homeowners with an outstanding HDB loan, handles the price of reinstating The interior structure, fixtures, and fittings at first furnished by HDB. The premiums are paid for just a 5-yr period and change by flat form, more info by using a 4-room flat costing S£4.fifty nine using 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£a hundred and 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 coverage 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.