Personal Insurance

Fire and perils
protection for your home

Protect your property structure and fixtures against fire, lightning, explosion, and a broad range of extraneous perils under a single affordable policy.

Backed byAXA · Chubb · Allianz · Zurich · Manulife

“TRS helped us get full reinstatement value after a kitchen fire — our previous insurer would have only paid market depreciation. The difference was significant.”

RN
Robert Ng
Property Owner, Buona Vista

Personal Insurance

What’s covered

Building Structure


Covers the physical structure including walls, roof, flooring, and permanent fixtures against fire and all specified perils — on a full reinstatement cost basis.

Extraneous Perils


Extends beyond fire to cover flooding, storm, impact by vehicles, falling objects, subsidence, and other named extraneous perils.

Loss of Rent


Compensates landlords for lost rental income while the property is uninhabitable following a covered fire or perils event — up to the agreed indemnity period.

Alternative Accommodation


Covers reasonable costs of temporary alternative accommodation for the insured and family if the property is rendered uninhabitable.

Structure
Building Cover
Walls & roof✓ Covered
Permanent fixtures✓ Covered
Settlement basisReinstatement cost
Rebuild limitDeclared value
Perils
Extended Perils
Flood & storm✓ Covered
Falling objects✓ Covered
Vehicle impact✓ Covered
Subsidence✓ Optional
Rent
Rental Income
Monthly rental loss✓ Covered
Indemnity periodUp to 12 months
Waiting periodNone
Maximum limitAnnual rental value
Accommodation
Alt. Accommodation
Hotel or rental✓ Covered
DurationUp to 6 months
Daily capActual cost
TriggerUninhabitable property

Frequently
asked questions

Yes — MAS requires HDB flat owners with outstanding loans to maintain fire insurance, typically via the HDB Fire Insurance Scheme.

No. Fire insurance covers the building structure. A separate home contents policy is needed to cover furniture and belongings.

Yes. Loss of rental income is available as a standard extension when property is rendered uninhabitable by a covered event.

The sum insured should reflect the full reinstatement cost of the building — not the market value or land value.