Etiqa Coverage is The present appointed insurance company to the necessary HDB Fire Coverage plan from August 16, 2024, to August 15, 2029. This Obligatory coverage, essential for all HDB flat homeowners with an outstanding HDB loan, handles the price of reinstating the internal structure, fixtures, and fittings at first supplied by HDB. The premiums are compensated for the five-year interval and fluctuate by flat sort, having a four-area flat costing S$4.fifty nine by using a sum insured of more info S$117,000, along with a five-area flat at S$5.forty three using a sum insured of S£a hundred and forty four,800. This simple fire insurance plan isn't going to include own possessions, renovations, or house contents. For additional extensive coverage, Etiqa provides a separate Tiq Dwelling Insurance policies policy, that may be obtained to enrich The fundamental strategy. This plan covers renovations nearly S$1 million, home contents approximately S$a hundred and fifty,000, and consists of options like 24/7 crisis support and personal authorized legal responsibility.