Etiqa Coverage is The existing appointed insurance company for that obligatory HDB Hearth Insurance policy scheme from August 16, 2024, to August fifteen, 2029. This Obligatory coverage, necessary for all HDB flat homeowners with an outstanding HDB loan, handles the expense of reinstating The interior construction, fixtures, and fittings originally furnished by HDB. The rates are paid out to get a five-calendar year period of time and fluctuate more info by flat kind, having a four-place flat costing S$4.59 which has a sum insured of S£117,000, and also a 5-space flat at S£5.forty three having a sum insured of S£a hundred and forty four,800. This simple fire coverage won't protect private possessions, renovations, or household contents. For more comprehensive protection, Etiqa offers a separate Tiq Household Insurance policies policy, that may be acquired to complement The essential prepare. This policy handles renovations around S$1 million, household contents around S£one hundred fifty,000, and consists of options like 24/7 emergency guidance and personal lawful liability.