Hi Folks, welcome back to Investment Income For Life and my Part 2 yapping on the above subject. Coming off from my Part 1 post on Home Insurance, I hope I do not give an impression that everyone needs to purchase an insurance to cover for building structure in event of a fire or other peril. The thing is that both private Condo and HDB actually already stipulated mandatory coverage which I should just briefly mention in Section 1 below for those interested in the detailed technicalities so that we do not buy the wrong insurance coverage- the focus should be on Home Renovation and Content which will be discussed in Section 2 below as well as common peril in Section 3 such as leaking water from your unit into the neighbours below and causing of 3rd party liability due to water damages or injuries from the resultant slippery floors.