Etiqa Insurance coverage is The existing appointed insurance provider with the required HDB Hearth Insurance policies scheme from August 16, 2024, to August fifteen, 2029. This Obligatory coverage, essential for all HDB flat homeowners with an outstanding HDB loan, covers the expense of reinstating The interior construction, fixtures, and fittings originally furnished by HDB. The rates are paid out for any five-calendar year period of time and fluctuate by flat sort, having a four-place flat costing S£4.59 with a sum insured of S£117,000, in addition to a five-space flat at S£5.forty three using a sum insured of S$a hundred and forty four,800. This standard fire insurance would not deal with private belongings, renovations, or dwelling contents. For additional complete protection, Etiqa provides a separate Tiq Dwelling Insurance policies policy, that here may be ordered to enhance The essential prepare. This policy handles renovations approximately S$1 million, dwelling contents around S$one hundred fifty,000, and contains features like 24/seven emergency guidance and personal lawful liability.