Income Insurance Limited (Income) is one of the leading composite insurers in Singapore, offering life, health and general insurance.

Established in 1970 as the only insurance co-operative in Singapore to plug a social need for insurance, Income continues to serve the protection, savings and investment needs of individuals, families and businesses today. Its lifestyle-centric and data-driven approach to insurance and financial planning puts Income at the forefront of innovative solutions that empowers better financial well-being for all.

Learn more about Income here. 

NTUC LUV is an affordable term life insurance for NTUC Union Members that provides coverage for death, permanent disability, and more. Learn more about NTUC LUV here.

NTUC Union Member (holding the silver NTUC Card) between the ages of 16 and 70 years old will be eligible* for NTUC LUV. For more information on the eligibility requirement, visit LUV.

 

*Terms and conditions apply

NTUC Union Members can purchase the policy directly with Income by visiting their website here.

Members can contact Income via csquery@income.com.sg for further assistance.

MoneyOwl is an NTUC social enterprise that empowers everyday Singaporeans to live fulfilling lives through honest, expert and comprehensive financial advice. Formed in 2018 and licensed by the Monetary Authority of Singapore, MoneyOwl is Singapore’s first bionic financial adviser that delivers advice through a combination of fully salaried, non-commissioned advisers and proprietary robo-advisory platforms. Its comprehensive suite of products and services span end-to-end comprehensive financial planning that integrates CPF, insurance, investments and will-writing.

If you have any further enquiries, please direct the questions to MoneyOwl Client Services at clientsupport@moneyowl.com.sg or visit www.moneyowl.com.sg

All promotions are entitled to public rates. NTUC Union Members are eligible for special rates. Please check promotions page for details.

 

Comprehensive financial planning is a process of reviewing your current financial situation, analyzing your financial goals and developing a plan to achieve them. It involves improving your cash flow, protecting your assets, growing your wealth for retirement and children’s education funding, and eventual passing of assets efficiently to your heirs.

If you have any further enquiries, please direct the questions to MoneyOwl Client Services at clientsupport@moneyowl.com.sg or visit www.moneyowl.com.sg.

Because we know what we do not like about traditional financial planning, we have redefined the experience for you:

 

1. Fee-based planning
2. Integration with CPF
3. Comprehensive
4. Low-cost solutions
5. Do it at your own pace and style
6. Consistent quality in advice

If you have any further enquiries, please direct the questions to MoneyOwl Client Services at clientsupport@moneyowl.com.sg or visit https://www.moneyowl.com.sg/comprehensive/.  

Features of MoneyOwl’s approach:

 

a. Resource-based planning
b. Integration with national schemes such as CPF
c. Fit-for-purpose, low-cost solution, bigger savings
d. Conflict-free financial advice

If you have any further enquiries, please direct the questions to MoneyOwl Client Services at clientsupport@moneyowl.com.sg or visit www.moneyowl.com.sg/comprehensive.

Your client adviser will be able to provide advice on:

 

a. Budgeting
b. Review of financial health
c. Review of insurance needs and recommendation
d. Children education planning
e. Retirement adequacy planning
f. Investment recommendation suitable to your risk profile
g. Optimising your CPF savings
h. Will writing

On investment services, our client advisers will advise you on in-house investment solutions that is suitable for you to achieve your goal in a comfortable, cost-effective and confident way. However, we do not advise on specific investment securities or funds you may have. Read more on our investment philosophy at www.moneyowl.com.sg/investment.

If you have any further enquiries, please direct the questions to MoneyOwl Client Services at clientsupport@moneyowl.com.sg or visit www.moneyowl.com.sg/comprehensive.

No, there is no requirement. Typically, in a Comprehensive Financial Planning report, there will be a recommended action plan for you to meet your financial goals like retirement and children’s education funding or close any protection gap. It will be beneficial for you to discuss these recommendations and, if necessary, customise it further accordingly to your priority and budget.

If you have any further enquiries, please direct the questions to MoneyOwl Client Services at clientsupport@moneyowl.com.sg or visit www.moneyowl.com.sg/comprehensive.