For BUC projects, 5 year fire insurance is just a gimmick because it only starts upon TOP.. But upon TOP, ie 3-4 years into loan package, most likely you will re-finance to get better rates in other banks or that same bank.. So you might not even get to enjoy 1 year of insurance, let alone 5..
Just look at the rates and impt terms like whether you are allowed to make partial repayment, lock-in period, penalties for saying bye bye, etc.. The rest, eg fire insurance, 24hr home dunno what protection, are all gimmicks only..