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Confidence

We have You Covered.

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What’s being covered?

When you enter a contract with a designer through The Happitat, you are automatically covered by our Deposit Guarantee, which covers your first 10% deposit amount, up to $50,000, protecting you against a designer’s insolvency.

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How much can I claim?

Assuming all criteria for a claim are met:

Homeowner A

Contract value: S$120,000
Milestone 1: Payment of 10% made in January 2021 - $12,000

In March 2021, the designer has become insolvent and no renovation was done.

Homeowner can claim up to S$12,000
Homeowner B

Contract value: S$120,000
Milestone 1: Payment of 10% made in January 2021 - $12,000

In June 2021, the designer has become insolvent and no renovation was done.

Homeowner can claim up to S$12,000
Homeowner C

Contract value: S$120,000
Milestone 1: Payment of 10% made in January 2021 - $12,000

In July 2021, the designer has become insolvent and no renovation was done.

Homeowner will not be able to claim as it has been more than 6 months since the first payment of 10% has been made.
Homeowner D

Contract value: S$120,000
Milestone 1: Payment of 10% made in January 2021 - $12,000

March 2021, renovation works has begun

Homeowner will not be able to claim as renovation works has already begun.
Refer to the Terms & Conditions for more details.

Payment Structure

This is your payment structure once you confirm your designer with The Happitat
1
Designer to prepare quotation
2
Proceed to make 10% deposit to The Happitat to safeguard up to $50,000 in the event of interior designer insolvency
3
Balance payment of 90% will be paid directly to designer in milestones
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