Etiqa Insurance policy is the current appointed insurance provider with the required HDB Hearth Insurance policies scheme from August 16, 2024, to August fifteen, 2029. This Obligatory coverage, necessary for all HDB flat proprietors with an outstanding HDB loan, handles the price of reinstating the internal structure, fixtures, and fittings at first supplied by HDB. The premiums are paid for just a 5-yr period and change by flat form, by using a 4-room flat costing S£4.59 having a sum insured of S£117,000, in addition to a five-space flat at S£5.43 with a sum insured of S£one click here hundred forty four,800. This fundamental hearth insurance policy doesn't address particular belongings, renovations, or home contents. For additional extensive protection, Etiqa provides a separate Tiq Dwelling Insurance policies policy, that may be acquired to complement The essential program. This policy addresses renovations as much as S£1 million, property contents up to S£150,000, and features characteristics like 24/7 unexpected emergency help and private authorized legal responsibility.