etiqa hdb fire insurance 170 27

Etiqa Insurance coverage is the current appointed insurer for the mandatory HDB Fire Insurance scheme from August sixteen, 2024, to August fifteen, 2029. This compulsory coverage, necessary for all HDB flat homeowners with an outstanding HDB mortgage, covers the expense of reinstating The inner framework, fixtures, and fittings initially provided by HDB. The premiums are compensated for your 5-yr time period and vary by flat type, with a four-place flat costing S$4.59 with a sum insured of S£117,000, in addition to a five-area flat at S$5.forty three that has a sum insured of S$144,800. click here This basic fireplace insurance policies will not include personal possessions, renovations, or property contents. For more comprehensive protection, Etiqa offers a separate Tiq Household Insurance policies policy, that may be acquired to complement The essential system. This policy handles renovations as many as S$1 million, dwelling contents as many as S$a hundred and fifty,000, and involves functions like 24/seven unexpected emergency assistance and private legal legal responsibility.