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The Big Story: A look at the Toa Payoh flat fire - What caused it? And does insurance cover the damages?

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Manage episode 497554407 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

On July 29, 2025, a fire broke out in a 10th-floor unit at Block 229 Lorong 8 Toa Payoh, spreading quickly to the unit above and sending shockwaves through the quiet residential neighborhood.
Seven people, including a child and a firefighter, were hospitalized. Dozens more were evacuated as smoke engulfed the building.

For one family, the fire consumed nearly everything they owned — and for others, the long path to recovery is only just beginning.

So what happened? And what kind of insurance coverage applies in a situation like this?

On The Big Story, Hongbin Jeong speaks with David Sun, Crime Correspondent, The Straits Times and Chun Wei Oh, Director of Avallis Financial, to find out more.

See omnystudio.com/listener for privacy information.

  continue reading

4834 episodes

Artwork
iconShare
 
Manage episode 497554407 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

On July 29, 2025, a fire broke out in a 10th-floor unit at Block 229 Lorong 8 Toa Payoh, spreading quickly to the unit above and sending shockwaves through the quiet residential neighborhood.
Seven people, including a child and a firefighter, were hospitalized. Dozens more were evacuated as smoke engulfed the building.

For one family, the fire consumed nearly everything they owned — and for others, the long path to recovery is only just beginning.

So what happened? And what kind of insurance coverage applies in a situation like this?

On The Big Story, Hongbin Jeong speaks with David Sun, Crime Correspondent, The Straits Times and Chun Wei Oh, Director of Avallis Financial, to find out more.

See omnystudio.com/listener for privacy information.

  continue reading

4834 episodes

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