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SNACK by Income

NTUC Income
Singapore
Connected Insurance & Ecosystems 2021

Elevator pitch

Let your lifestyle insure you!

Innovation Presentation

Millennials who are just starting out in their first jobs or are still pursuing their full-time studies are unsure or confused about how to start their journey to build insurance coverage for themselves. These young adults see the value of insurance protection but are hindered by a lack of affordable options that offer flexibility in premium payment and coverage. Some are also discouraged by the seemingly tedious conventional insurance application process.

Cash flow is also top-of-mind as their income may not be substantial, or they may not be working full time while still studying. There is also uncertainty caused by the COVID-19 public health crisis which has caused many to watch their expenses closely and/or to tighten their belts fu…

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