Etiqa Coverage is The present appointed insurance company to the necessary HDB Fire Insurance coverage plan from August sixteen, 2024, to August 15, 2029. This compulsory plan, demanded for all HDB flat entrepreneurs with An excellent HDB bank loan, covers the cost of reinstating The inner composition, fixtures, and fittings initially supplied by HDB. The premiums are compensated for the 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, in addition to 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 particular belongings, renovations, or home contents. For additional extensive protection, Etiqa offers a separate Tiq Household Insurance policy policy, which may be bought to enrich The fundamental plan. This coverage covers renovations as many as S$1 million, dwelling contents approximately more info S$one hundred fifty,000, and consists of options like 24/7 emergency guidance and personal lawful liability.