'I lost everything': Housewife regrets not buying fire insurance

29/5/2022 4:22:00 PM

'I lost everything': Housewife regrets not buying fire insurance

Fıres, Fıre Safety Rules

'I lost everything': Housewife regrets not buying fire insurance

To escape an electrical fire that engulfed her second-storey Housing Board flat, Madam Norizan Abuhassan, 42, her husband and son jumped from a window. The fire, which occurred on Feb 28 last year, destroyed the two-room flat in Block 22 Jalan Tenteram, in Whampoa,...

The family's personal mobility device was believed to have exploded due to overcharging.Madam Sadiah, a housewife, said:"I lost everything in the fire, everything was gone. It is a lifetime regret."She said she will buy home insurance when she moves into her new flat, also in Punggol, in December.

With the recent spate of fires, fire safety experts and insurance firms stress the importance of buying adequate home insurance.This covers third-party liability damages to neighbours, renovation costs and protection for personal belongings in the unit.

Read more:
The New Paper »

Lorry driver allegedly tries to 'bang' woman's car after exiting SLE: 'I got 2 kids inside'

They felt threatened. Read more at stomp.straitstimes.com Read more >>

why liddat

'I lost everything': Housewife regrets not buying fire insurance

S'pore HDB Fire Insurance: Everything you need to know about it - The Independent Singapore NewsWhat exactly is this HDB Fire Insurance Scheme? What does it cover and what does it entail? Read on to find out everything you should know about the HDB Fire Insurance, and whether it’s enough for your needs.

Everything you need to know about HDB fire insurance in SingaporeYou 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...

Ukraine says 'everything' being done to defend Donbas from Russian onslaught

Ukraine says 'everything' being done to defend Donbas from Russian onslaughtLYSYCHANSK: Ukraine has pledged to do 'everything' to defend Donbas, where an intensifying Russian offensive is prompting Kyiv's forces to consider a strategic retreat from some Let them come in first. Then surround them with western rockrts. The West wld most willingly give you more and more weapons to break and weaken the Russians - all at Ukrainian expenses of ruins and destructions. If you understand the no-winning outcome of a prolonged war, then better to go for a bad settlement than to lose Ukraine completely. Zelensky tryna flea Ukraine soon

Man's body cut in half by forklift, he refuses to give up life even if it meant being just a “head on a plate” - The Independent Singapore NewsIn order to preserve his life, doctors conducted an emergency Hemicorporectomy (HCP) on him, which meant everything below his waist was severed.

Another home owner, Madam Sadiah Bahar, 51, lost $5,000 worth of personal belongings such as cabinets and a refrigerator when a fire broke out in her two-room flat in Ang Mo Kio in July 2019.Copy to clipboard https://str.No Yes In addition, you are the beneficiary of the insurance scheme instead of the bank, even if you are still repaying your home loan with the bank.No Yes In addition, you are the beneficiary of the insurance scheme instead of the bank, even if you are still repaying your home loan with the bank.

The family's personal mobility device was believed to have exploded due to overcharging. Madam Sadiah, a housewife, said:"I lost everything in the fire, everything was gone. The fire, which occurred on Feb 28 last year, destroyed the two-room flat in Block 22 Jalan Tenteram, in Whampoa, and personal belongings worth $6,000. It is a lifetime regret. Coverage Home Insurance by different insurers could offer different coverages as unique selling points to differentiate themselves from other insurance companies." She said she will buy home insurance when she moves into her new flat, also in Punggol, in December. She said:"I took six to seven months to save the money needed for my small home-based business selling clothes because I was not working for nearly a year (as I was recovering from my injuries). With the recent spate of fires, fire safety experts and insurance firms stress the importance of buying adequate home insurance. However, there are some areas that most if not all Home Insurance covers: Coverage Scope of coverage Renovations Home Insurance can cover renovations that you have done, together with the fixtures and fittings that you have installed Home contents This includes household items and appliances such as washing machines, fridges, television etc Personal liability This provides you with coverage in the event you become legally liable for a mishap that happens at your home.

This covers third-party liability damages to neighbours, renovation costs and protection for personal belongings in the unit. "I got eight screws in my spine and three screws in my leg," she said. For example, if a fire starts at your house and spreads to your neighbour Alternative Accommodation In the scenario where your house is inhabitable, Home Insurance gives you a daily payout to find alternative accommodation, capped at a specific number of days Personal Accidents This covers for medical expenses or a payout in the unfortunate event of death or disability, and is also applicable to your domestic helper Personal Items: Valuables & Money This offers coverage for your money, valuables and other personal belongings. HDB requires flat owners who have taken HDB loans to buy and renew fire insurance for their homes as long as they have an outstanding loan. But that covers only the cost of reinstating damaged internal structures and fixtures and areas built and provided by HDB. The family's personal mobility device was believed to have exploded due to overcharging. These include the exterior walls and windows of HDB flats. Dependent on insurer Possible Factors for Consideration To decide on the best possible home insurance plan for yourself, you would first need to understand your needs to ensure that you do not over-insure or under-insure yourself. It does not cover items such as renovations, furniture and personal belongings. It is a lifetime regret. Some questions you could ask yourself to determine your needs include: 1.

For rental flats, HDB will cover the cost of repairs required. Mr Jimmy Tong, managing director for general and group insurance at Great Eastern, said fire insurance insures the physical structure of a property such as the walls, pillars or floors as provided by HDB or the developer. With the recent spate of fires this year, fire safety experts and insurance firms stress the importance of buying adequate home insurance. If the renovation of your house is minimalistic, you could make do with lower coverage. Home contents insurance is required, said Mr Tong, because home owners will need to seek alternative accommodation, and pay for fire-extinguishing equipment and the removal of debris, in the event of a fire. A spokesman for insurance company Singlife with Aviva said that to decide how much coverage they require, home owners can consider their lifestyle needs and choices. The Housing Board (HDB) requires flat owners who have taken HDB loans to buy and renew HDB fire insurance for their homes as long as they have an outstanding loan. Damage caused to items within the home after a fire typically ranges between $10,000 and $30,000. Else, you could refer for an estimate. Else, you could refer here for an estimate.

As for how much home owners should set aside to renovate their homes after a fire, the spokesman suggested a range of between $30,000 and $50,000. These include the exterior walls and windows of HDB flats. NTUC Income's Enhanced Home Insurance's premiums, for example, start from about $35. Under this policy, those living in Housing Board flats are insured up to $200,000. She was relocated to the unit (pictured) on the second storey in the same block, where she currently resides. is an estimate for you. Fire safety experts also recommend buying smoke alarms and fire extinguishers but home owners must ensure they remain in good working condition. Ms Gwen Phoo, head of marketing at safety equipment distributor Falcon Fire, said that typically, fire extinguishers range from $40 to $65, depending on their size. For rental flats, HDB will cover the cost of repairs required. Is the plan able to meet your needs? Different people place emphasis on different things that are important to them.

The company's standalone smoke alarm costs $79. Some may be more concerned over their pets while some could be more concerned about securing sufficient hospital allowances in case their loved ones got hurt. Noting how it takes about five minutes for an entire home to be completely engulfed by smoke, Ms Phoo said smoke alarms can help detect the early signs of a fire so that occupants can react quickly. Home contents insurance is required, said Mr Tong, because home owners will need to seek alternative accommodation, and pay for fire-extinguishing equipment and the removal of debris, in the event of a fire. She also reminded home owners to regularly check that the pressure gauge of the fire extinguisher is in optimal condition and to test smoke alarms regularly to make sure they are functioning. Get The New Paper on your phone with the free TNP app. Damage caused to items within the home after a fire typically ranges between $10,000 and $30,000. For a more comprehensive guide and evaluation, you may check out. Download from the . Recommendations Listed below are some recommendations we have identified that could potentially suit your needs.