NTUC Income AR 2018

At Income, we are intentional about plugging social gaps via our insurance business. This means we look to make a positive difference to the community we serve with our products, services and people. We cater to the needs of the underserved and underprivileged amongst us. Today, we remain the only insurer in Singapore to offer children and youths with autism and Down syndrome insurance protection through our SpecialCare products. We offer a free micro-insurance and savings scheme to 32,000 low-income individuals so that their loved ones can receive tangible financial support should something unfortunate happen to them. We plug the protection gap of self-employed persons in Singapore with the Prolonged Medical Leave insurance plans, helping them mitigate income loss during long periods of illness, injury or hospitalisation. We were also the first to give cover to travellers with pre-existing health conditions. Beyond products, Income donates 1% of its insurance operating profits to community development initiatives annually. Through the Income OrangeAid Future Development Programme, we support education for youth-in-need via bursaries, financial literacy training and career guidance. We also give back to the community through staff volunteering at our annual ‘Income Gives Back’ initiative. As we make progress as a social enterprise, we continue to stay side by side with the people we serve, offering them support where we can. s ide b y s ide 4 HAND IN HAND