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Income Insurance Limited (Income) is one of the leading composite insurers in Singapore, offering life, health and general insurance. Established in Singapore in 1970 to plug a social need for insurance, Income continues to serve the protection, savings and investment needs of individuals, families and businesses today to empower better financial well-being for all. Currently, it has seven branches and lite branches respectively across Singapore, as well as operations in Indonesia, Malaysia, and Vietnam.

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  • Income Insurance (en)
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  • Income Insurance Limited (Income) is one of the leading composite insurers in Singapore, offering life, health and general insurance. Established in Singapore in 1970 to plug a social need for insurance, Income continues to serve the protection, savings and investment needs of individuals, families and businesses today to empower better financial well-being for all. Currently, it has seven branches and lite branches respectively across Singapore, as well as operations in Indonesia, Malaysia, and Vietnam. (en)
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  • Income Insurance (en)
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  • Income Insurance (en)
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  • http://commons.wikimedia.org/wiki/Special:FilePath/NTUC_Income_Logo_2021.jpg
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  • S$47.2 billion (en)
homepage
industry
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  • Andrew Yeo (en)
  • Ronald Ong (en)
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  • NTUC_Income_Logo_2021.jpg (en)
products
  • Life, health, and general insurance, savings and investment-linked products (en)
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  • Income Insurance Limited (Income) is one of the leading composite insurers in Singapore, offering life, health and general insurance. Established in Singapore in 1970 to plug a social need for insurance, Income continues to serve the protection, savings and investment needs of individuals, families and businesses today to empower better financial well-being for all. Formerly known as NTUC Income Insurance Co-operative Limited ("NTUC Income"), the company now operates as Income Insurance Limited, a public non-listed company limited by shares. This follows the successful transfer of the insurance business of the co-operative, NTUC Income Insurance Co-operative Limited ("NTUC Income") to Income Insurance Limited, as part of its corporatisation exercise from 1 September 2022. Income has extended its footprint beyond Singapore intro the region and introduced new insurance business models including Insurance-as-a-Service, micro-insurance and investment, usage-based insurance, subscription-based insurance, to reimagine the way customers engage with insurance and its purchasing journey to gain protection. Its regional presence is powered by its Insurance-as-a-Service platform, HIVE by Income, through strategic and like-minded local partnerships with leading players in the insurance, broker and insurtech arenas. This is part of Income's journey to leverage technology and embed insurance and finance in people's lifestyle. Currently, it has seven branches and lite branches respectively across Singapore, as well as operations in Indonesia, Malaysia, and Vietnam. (en)
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