Q4. I am already compulsorily insured under HDB Fire Insurance Policy / Management Corporation Strata Title (MCST) Cover, should I still take up additional Home Insurance cover?
Yes, you can. This is because the compulsory HDB fire insurance / MCST insurance covers only the internal building structure, fixtures and fittings based on the original standards of HDB flat / condominium when it is handed over to the first lessee.
You can take up this plan to cover your personal contents and any additional renovations or improvements which you have made to your home.