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.
The policy typically includes protection for the building’s structure and click here fixtures, while contents insurance can be purchased separately to cover personal belongings.
Homeowners can purchase HDB fire insurance through various insurance providers approved by the HDB or directly via the HDB’s own insurance scheme.
Having this protection reduces the financial burden on affected families and speeds up recovery.
To conclude, it offers affordable and essential coverage that supports homeowners in times of need.