etiqa hdb fire insurance 170 27

Etiqa Insurance policies is the current appointed insurer for the mandatory HDB Fire Insurance plan from August sixteen, 2024, to August fifteen, 2029. This compulsory policy, required for all HDB flat owners with An impressive HDB financial loan, addresses the price of reinstating the internal composition, fixtures, and fittings at first supplied by HDB. The premiums are paid for just a 5-yr period and vary by flat type, which has a four-space click here flat costing S$4.fifty nine by using a sum insured of S$117,000, as well as a 5-place flat at S$5.43 which has a sum insured of S$144,800. This essential hearth insurance policy doesn't cover particular belongings, renovations, or home contents. For additional extensive coverage, Etiqa provides a independent Tiq Home Insurance plan coverage, which can be ordered to enhance The essential system. This policy handles renovations approximately S$1 million, household contents around S£one hundred fifty,000, and consists of options like 24/7 emergency guidance and personal authorized liability.