Etiqa Insurance coverage is the current appointed insurer with the required HDB Hearth Insurance policies scheme from August 16, 2024, to August fifteen, 2029. This compulsory policy, required for all HDB flat entrepreneurs with An impressive HDB bank loan, covers the expense of reinstating The inner construction, fixtures, and fittings originally furnished by HDB. The rates are paid for a 5-12 months period and change by flat form, by using a 4-home flat costing S£4.59 with a website sum insured of S£117,000, plus a 5-home flat at S£5.43 which has a sum insured of S$144,800. This essential hearth insurance coverage does not deal with private belongings, renovations, or household contents. For more comprehensive protection, Etiqa offers a different Tiq Residence Insurance plan, which can be procured to enhance the basic system. This policy handles renovations around S$1 million, property contents as much as S£150,000, and features characteristics like 24/7 unexpected emergency assistance and private legal legal responsibility.