| I have already bought a Fire Insurance, why do I need the Homeowners Enhanced Insurance? |
| The HDB fire insurance you purchased is a Basic Fire Insurance required by HDB for all flat owners with an outstanding mortgage loan with HDB. It covers the cost of reinstating damaged building structures, fixtures and fittings within the flat (based on current standard and specifications for HDB flats) provided by HDB and the approved developer (in the case of a DBSS flat), excluding any of the previous or current owner’s renovations or improvements to the flat and all household contents provided by HDB or the approved developer which include but are not limited to built-in kitchen cabinets, cooker hood, cooker hob, air-conditioning system and built-in wardrobes. |
 |
| |
|
| What does the Homeowners Enhanced Insurance Covers? |
| This policy is designed to complement the basic fire insurance cover, in event of a loss or damage it will cover the cost of reinstating your household contents, fixtures, fittings installed by you (not HDB), household furniture, furnishing, clothing and Personal effects belonging to you and members of Your family (including your domestic helper) permanently staying with you and theft of Property following a violent and forcible break in at your flat. |
|
| |
|
| What is the benefit of renewing it with Etiqa Insurance? |
This scheme is designed to complement your HDB Fire Insurance. We ensure that you receive maximum protection at minimal cost. For as little as 21ct a day, you have up to S$470,000 in coverage.
This scheme is designed to complement your HDB Fire Insurance. We ensure that you receive maximum protection at minimal cost. For as little as 21ct a day, you have up to S$470,000 in coverage.
|
|
| |
|
| What if one Insurer declines a claim? |
| Insuring with just one Insurer as a single solution means either way the Insurer will be liable subject to policy terms. As a result, there is very little or no room for dispute. |
|
| |
|
| What is the definition of Household Contents? |
| Any fixtures and fittings installed by You, household furniture and furnishings, clothings and personal effects belonging to You and Your immediate family members (which include parents, spouse, children or siblings or domestic servants permanently staying with You) |
|
| |
|
| What is the period of insurance? |
| The Period of Insurance is for five years commencing from date of purchase. However, if you wish to insure on annual basis, we can also arrange for it. |
|
| |
|
| Would this mean I will have to pay 5 years premium? |
| No, we will insure you for a period of five years on a yearly renewal basis. The best benefit that you can have is the option to pay a lump sum premium up front or five yearly interest free instalment payment thru a GIRO plan. |
|
| |
|
| If I am interested, how shall I make the purchase? |
| You may choose any of the following options: |
| a. |
You may purchase and pay for it at our Etiqa Counter at the HDB Hub |
| b. |
Complete the application form in our brochure, mail or fax it us. You can make payment by: |
| |
i. |
Cheque payment to Etiqa Insurance Berhad |
| |
ii. |
Cash/Nets/Cashcard via AXS, SAM or vPost |
| |
iii. |
Cash/Nets/Cashcard at any main SingPost branches |
| c. |
Contact us at 63319 253 and one of our sales team will assist you |
|
|
| |
|
| |
| Back to HDB Homeowners Enhanced Insurance page |