Etiqa Insurance policies is The present appointed insurer for that mandatory HDB Hearth Coverage scheme from August 16, 2024, to August 15, 2029. This compulsory coverage, expected for all HDB flat owners with an outstanding HDB bank loan, addresses the price of reinstating The interior construction, fixtures, and fittings initially provided by HDB. The premiums are paid for a 5-calendar year period of time and range by flat form, that has a four-space flat costing S$4.fifty nine by using a sum insured of S$117,000, along with a five-area flat at S$5.forty three by using a sum insured of S$a hundred and forty four,800. This simple fire coverage isn't going to cover particular belongings, renovations, or read more household contents. For more detailed protection, Etiqa offers a individual Tiq Home Insurance policies plan, that may be ordered to enrich the basic prepare. This plan handles renovations up to S$1 million, residence contents approximately S£a hundred and fifty,000, and features attributes like 24/7 emergency help and personal legal legal responsibility.