Income Insurance

Income Insurance started in Singapore in 1970 to fill a social need for insurance in the Southeast Asian country. Now, Income is continuing to create innovative products for the under-insured. The insurer recently debuted the first on-demand travel microinsurance policy in Singapore, as well as a travel insurance product that can be bought post-departure. Other new initiatives include an emergency mobile charging for EVs; “SNACK,” a lifestyle-based microinsurance app that provides bite-sized coverage tied to daily activities; and Droplet, or “rain” insurance that protects customers against surges on ride-hailing platforms during the city's all-too-often rainstorms