hdb fire insurance fwd 90 22

FWD is not the appointed insurance provider to the HDB Fire Coverage Scheme as of August sixteen, 2024. The mandatory coverage, now administered by Etiqa Insurance, is compulsory for flat entrepreneurs with an outstanding HDB financial loan and only covers the constructing structure, fixtures, and fittings originally supplied by HDB. To get a lot more in depth safety, flat house owners should purchase FWD’s House Insurance policies, which is a independent plus much more extensive policy. FWD’s strategies address a wider selection of pitfalls, together with harm to home contents, renovations, and personal belongings. For any 5-area HDB flat, By way of example, FWD's home insurance coverage can supply constructing protection of $97,300 using an yearly top quality of about $44.11, and in addition involves click here coverage for around the world particular legal responsibility approximately $500,000. FWD’s Place of work is found at 6 Temasek Boulevard, #eighteen-01 Suntec Tower four, for many who call for in-particular person support.

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