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, essential for all HDB flat homeowners with An excellent HDB mortgage, handles the expense of reinstating The interior construction, fixtures, and fittings originally furnished by HDB. The premiums are paid for a 5-yr time period and vary by flat style, that has a 4-space flat costing S£4.fifty nine using a sum insured more info of S$117,000, and 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 Insurance 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 private authorized legal responsibility.