Do we have to buy fire insurance for our house? Can we pay using CPF for mortgage insurance?

Flat owners with HDB loans commencing on or after 1 September 1994 must buy and renew the HDB fire insurance for your homes, for as long as you have an outstanding HDB loan.

You can check out the rate for Fire Insurance here. To purchase or renew your Fire Insurance, you can visit the FWD Website.

To find out more, do get in touch with us.​​​

For HDB, so long as you have outstanding loan, you must have fire insurance. The payment is payable in cash.

More Details: https://www.hdb.gov.sg/cs/infoweb/residential/l...

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