NTUC INCOME – Established in 1970 with the objective of providing affordable insurance for workers in Singapore, Income protects about two million people in Singapore. Its efforts to protect the underprivileged and those most in need have taken it to areas of coverage that would give most other insurers pause. It offers insurance, for instance, to people with autism and Down Syndrome, a first in Singapore. The policies were launched in 2013 and 2014 respectively, and remain the only ones in the industry today.
Providing coverage to the underserved and underprivileged in society is a tall order for any institution, but this has been – and continues to be – the mission of Singapore insurance cooperative NTUC Income. Read more here.
Source: The Business Times, 8 May 2017