etiqa hdb fire insurance 170 27

Etiqa Insurance policies is the current appointed insurer for your necessary HDB Fire Insurance coverage scheme from August sixteen, 2024, to August fifteen, 2029. This compulsory policy, needed for all HDB flat proprietors with an outstanding HDB loan, handles the price of reinstating The interior construction, fixtures, and fittings originally furnished by HDB. The rates are paid out to get a five-calendar year period of time and fluctuate by flat sort, using a 4-home flat costing S£4.59 having a sum insured of S$117,000, and a five-area flat at S$5.forty three that has a sum insured of more info S$144,800. This essential hearth insurance policy doesn't cover own possessions, renovations, or house contents. For additional detailed coverage, Etiqa provides a individual Tiq Residence Insurance plan, which may be purchased to enrich The fundamental plan. This plan covers renovations up to S£1 million, house contents nearly S£150,000, and incorporates characteristics like 24/7 unexpected emergency help and private authorized legal responsibility.