Etiqa Insurance plan is the current appointed insurer for the required HDB Fireplace Insurance policies scheme from August 16, 2024, to August fifteen, 2029. This Obligatory coverage, needed for all HDB flat proprietors with An impressive HDB personal loan, addresses the cost of reinstating the internal composition, fixtures, and fittings initially provided by HDB. The rates are paid out for any five-calendar year period of time and differ by flat kind, which has a four-space flat costing S$4.fifty nine using a sum insured of S$117,000, and a five-space flat at S£5.forty three having a sum insured of S£one hundred forty four,800. This fundamental fireplace insurance policies will not cover own belongings, renovations, or home contents. For additional extensive protection, Etiqa provides a separate Tiq Household Insurance policy policy, which may be bought to enrich The fundamental plan. This plan covers renovations nearly S$1 million, dwelling contents approximately S$one hundred click here fifty,000, and consists of options like 24/7 crisis support and private authorized legal responsibility.