hdb fire insurance​ 3 35

hdb fire insurance​ 3 35

Blog Article

Why HDB Fire Insurance is Important in Singapore

HDB fire insurance is a mandatory insurance policy for all Singapore Housing & Development Board (HDB) flat owners. It provides coverage against fire damage to the property, ensuring homeowners are financially protected in case of fire-related incidents.

This balance of cost and coverage makes fire insurance a practical choice for many Singapore residents.

Homeowners can purchase HDB fire insurance through various insurance providers approved by the HDB or directly via the HDB’s own insurance scheme.

In the event of a fire, the insurance helps to more info cover expenses related to repairs, temporary accommodation, and other related costs.

To conclude, it offers affordable and essential coverage that supports homeowners in times of need.