Personal Finance
Everything You Need To Know About HDB Fire Insurance in S'pore
By ValueChampion  •  May 26, 2022
You may have heard of instances of fire breaking out in houses, shops, buildings etc in the newspapers, media channels, or even from your family and friends. Just recently, a fire had robbed a family of a precious family member living in Bedok as well as the livelihoods of many at Telok Blangah. Fire accidents are sudden and destructive; They could easily destroy buildings, and their contents, and could easily bring your life to a halt. This is why it is prudent to buy insurance to protect your home in the event of unforeseen circumstances. The Housing & Development Board (HDB) has made it mandatory for those who live in public housing to purchase the HDB Fire Insurance Scheme. This may ring a bell to current HDB owners or those who are currently sourcing for an HDB flat. But what exactly is this HDB Fire Insurance Scheme? What does it...
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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