Etiqa Insurance plan 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, covers the expense of reinstating The interior construction, fixtures, and fittings originally furnished by HDB. The premiums are paid for a 5-12 months time period and vary by flat style, that has 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 having a sum insured of S£one hundred 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 coverage handles renovations as many as S$1 million, dwelling contents approximately S$one hundred fifty,000, and click here consists of options like 24/7 crisis support and personal authorized liability.