Home Ultimate Protect

Yes, you can. This is because the compulsory HDB fire insurance covers only the internal building structure, fixtures and fittings based on the original standards of HDB flat 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.

Yes, you can take up our plan to cover the contents that belong to you or any renovations you have made and paid for to your rented home.

You must insure the building, renovations and contents for their full reinstatement or replacement value, otherwise you will be considered to be under-insuring your premises/contents.

Example of under-insurance:

Under-insurance occurs when (B) is less than (A). In the above example, you are under-insured by $500,000 and $50,000 for your building and renovations, and contents respectively.

If you have under-insured your premises, you will be responsible for a share of the loss or damage in the event of a claim. Please refer to below example.

Therefore, if there is a damage of $240,000 to your building and renovations, and $60,000 to your contents, you will be responsible to pay for $60,000 (25% of the damage on building/renovations) and $20,000 (33.3% of the damage on contents).

For under-insurance of contents or worldwide personal belongings cover, we will also deduct an amount for wear and tear or depreciation.

Yes, you can because most MCST insurance covers only the internal building structure and fixtures and fittings done by the developer and not your contents. You can take up our plan to cover for your contents or the additional renovations you have made to your home.

Building cover refers to the building structure of your home.

For Housing Development Board (HDB) flats, condominiums, apartments or cluster houses, it will include the building structure (but not the foundations), fixtures and fittings based on HDB’s or the property developer’s standard specifications.

For landed properties such as bungalows, semi-detached and terrace houses, it will include the building structure (but not the foundations), garages, outbuildings, swimming pools, terraces, footpaths, driveways, gardens, gates, fences and other private areas you own and which the public do not have access to.

Renovation cover refers to the additions made within the premises by you or any previous owner or tenant in the form of fixtures and fittings. For example, this could include flooring, built-in wardrobes and kitchen cabinets.

Home Contents cover refers to any physical and movable household items or personal belongings including money and valuables kept within the premises that belong to you or your family members. This is subject to a limit which varies with different items.

Worldwide Personal Belongings insures you and your family member’s personal belongings in the event of accidental loss of or damage. Personal belongings include personal items that belongs to you or your family members that are usually worn or carried in everyday life such as jewellery, bags, clothing, and cameras.

Yes, bicycles are covered. This is provided that the loss or damage to your bicycle occurs within your premises. For example, we will not provide cover if your bicycle is parked in a common corridor.

Yes, valuables are covered under home contents cover. The sub-limit for each item, set or pair is 5% of the overall section limit under home contents cover and up to 50% of the overall section limit under home contents cover in total.

Yes. We will cover the loss or damage to your building, renovations or home contents caused by bursting of water pipes or tanks within your premises.

If the building is not more than 20 years old, we will also cover the necessary expenses incurred for tracing the source of water leakage or seepage up to $5,000 per 12-month period of the policy and after deducting a 20% co-payment. We will not pay for tracing expenses if the leakage or seepage occurs within the first 6 months from the date the policy is first issued or reinstated, whichever is later.

Yes, if the sub-limits are insufficient to fully cover your items, you may apply to have specific items covered at full value.

You may also choose for these items to be covered within your premises (for contents and personal belongings) or worldwide (for personal belongings only).

This benefit covers you, your spouse and children below 21 years old against death or total permanent disability due to accidents that occur both inside and outside of your premises. This is provided that death or total permanent disability occurs within 90 days from the date of the accident.

The amount payable is up to $20,000 per adult and $10,000 per child with a maximum limit of $50,000 for the whole family.

This benefit covers you and your family if you/they are legally responsible for accidentally injuring someone or causing loss or damage to someone else’s property. We will pay for the legal expenses for representing or defending you/them and/or the amount awarded against you/them by the court in Singapore.

You or your family members respectively must be resident in Singapore, and away from Singapore for no more than 180 days in a row. Otherwise, we will only pay when the above legal responsibility results from your ownership or tenancy of the premises.

You can purchase our plan if:

• You are the owner or co-owner of the residential premises in Singapore; or
• You are a tenant or co-tenant who is currently renting the residential premises in Singapore.

You can only insure the home contents which you own if you are a tenant or co-tenant.

You can refer to General Insurance Association website as a general guide for the replacement cost of your private property. Alternatively, you can seek professional advice from a qualified property valuator or quality surveyor.

The sum insured should be the cost of completely replacing the renovations at your premises. You can use the price you paid for your renovations as an estimate or you can seek professional advice from an interior designer or contractor.

The sum insured should be the cost to replace the item on a like-for-like basis, without depreciation or wear and tear, based on current market prices.

No, you do not have to cancel your existing policy. Instead, you can request us to change your existing policy to cover your new premises. You may need to pay additional premium depending on the size of your new premises and the value of your new contents or renovations.

Yes, you can cancel this insurance policy by notifying us via email at [email protected] or telephone at 6788 1777. The cancellation will take effect from the date we receive your request.

a. If you cancel this plan within the 14 day free-look period, you may get a full refund of the premium paid if there has been no claim made under this policy.

b. If you cancel this plan after the free-look period and:
- Before start date of the policy; premium less $10.90 (after GST).
- After the start date of the policy, we will work out the premium as follows:

We will not refund any premium below $38.15 (after GST) if you cancel the policy.

There will be no refund payable to you if you have made any claim in the same 12-month period of the policy. 

This is a bonus complimentary service for Home Ultimate Protect Insurance policyholders.

If a specified accident happens at your premises during the period of insurance, policyholders can call our 24/7 hotline for assistance.

This service is provided on a complimentary basis and is not part of the insurance policy. We may amend or discontinue the services at our sole discretion without prior notice.

Please refer to the Terms & Conditions for more details.

The Emergency Home Assistance includes emergency plumbing, electrician, locksmith, pest control and air-conditioner repair services.

For more details on the scope of services available, please refer to the Terms & Conditions.

Upon calling the hotline, our emergency home assistance provider will assist you to search for suitable repairer(s).

You will be given an estimate of the total cost involved and have full discretion in engaging the recommended repairer.

Income will not be responsible nor liable for any loss or damages suffered directly or indirectly by you or any party as a result of or in connection with the services, including any delay in the provision of the services.

Yes, the hotline is available 24/7; including weekends and public holidays.

You will not need to pay for up to 4 repairs per year, subject to a limit of $300 per accident.

During the call, you will be informed of the estimated cost involved before the assistance is dispatched. If the cost is estimated to be above $300, you will still be able to engage the service. We will cover up to the limits of $300, and you will need to pay for the remaining amount billed.