Updated September 28, 2026 · AssureCue Editorial Team
Compass vs Income Insurance
What sets them apart
| Compare |  Compass |  Income Insurance |
|---|---|---|
| Insurance types | Home, Home emergency, Health, Travel, Pet | Auto, Home, Life, Health, Travel, Pet, Motorcycle |
| Provider type | Broker | Insurer |
| Claims channels | Phone, Email, Online portal, Post | Phone, Email, Online form, Mobile app, Customer portal |
| Age range | 18+ (resident in Italy) | Pet insured must be at least 16 weeks old and below 9 years old at policy start |
| Premium from | Not confirmed | SGD 0.60 |
| Monthly payments | Yes | Not confirmed |
| Excess from | Not confirmed | SGD 250 |
| Cover limit | Not confirmed | S$8,500 - S$27,000 maximum annual coverage per policy year (Happy Tails Pet Insurance) |
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Key differences
- Income Insurance scores higher overall: 9.4 vs 9.2.
- Founded is lower at Compass: 1960 vs 1970.
- Insurance types: only Compass offers Home emergency.
- Insurance types: only Income Insurance offers Auto, Life, Motorcycle.
- Claims channels: only Compass offers Online portal, Post.
- Claims channels: only Income Insurance offers Online form, Mobile app, Customer portal.
Our verdict on each
Compass
Compass is a broker rather than an insurer, so it places home, health, travel and pet cover with providers instead of carrying the risk itself. It suits residents in Italy who want monthly payments and a single point of contact, and it has traded since 1960.
Income Insurance
Income Insurance suits anyone who wants a single insurer to hold several personal policies from a company based in Singapore, and it scores 5.6 here. On entry price it ranks 24 of 252 brands, so get a quote on your own details before committing to any plan.
Score breakdown
| Area | Compass | Income Insurance |
|---|---|---|
| Cost | 9.1 | 9.1Premiums from SGD 0.60 sit below the site median of €8.37, while the pet excess starts at SGD 250. |
| Offer | 9.3 | 9.6Higher |
| Trust | 9.2 | 9.5Higher |
Where each is licensed and available
Additional countries for Compass: 1. Additional countries for Income Insurance: 1.
Where they rank in our lists
| Ranking | Compass | Income Insurance |
|---|---|---|
| Home insurance | 13 of 272 | 7 of 272 |
| Health insurance | 14 of 215 | 7 of 215 |
| Travel insurance | 19 of 291 | 11 of 291 |
| Pet insurance | 9 of 161 | 6 of 161 |
What each covers
| Insurance types | Compass | Income Insurance |
|---|---|---|
| Auto | No | Yes |
| Home | Yes | Yes |
| Life | No | Yes |
| Health | Yes | Yes |
| Travel | Yes | Yes |
| Pet | Yes | Yes |
| Motorcycle | No | Yes |
| Home emergency | Yes | No |
Sources behind this comparison
Compass
- compass.it: 10 facts, checked September 26, 2026
Income Insurance
- income.com.sg: 12 facts, checked September 26, 2026
Every fact side by side
| Fact | Compass | Income Insurance |
|---|---|---|
| Audience | Not confirmed | Seniors |
| Pricing model | Monthly | Not confirmed |
| Legal entity | Compass Banca S.p.A. | Income Insurance Limited |
| Headquarters | Italy | Singapore |
| Founded | 1960Lower | 1970 |
| Support channels | Phone, Email, Help centre | Phone, Email, Help centre |
Business insurance
| Fact | Compass | Income Insurance |
|---|---|---|
| Cover types | Not confirmed | Professional indemnity |
Pros and cons
Compass
Pros
- A single broker handles home, home emergency, health, travel and pet, listed under home, home emergency and health.
- Monthly payments are available, and monthly is the payment model, so the premium is spread across the year.
- Claims can be raised by phone, email, the online portal or post, as phone, email and online portal shows.
Cons
- The broker structure means the policy is underwritten elsewhere rather than by Compass, which is the limit of broker.
- General support runs on phone, email and help centre, while claims use the wider set in phone, email and online portal, so customers need to pick the right desk.
- Eligibility follows 18+ (resident in Italy), so the broker works with Italian residents rather than households spread across other markets.
Income Insurance
Pros
- A single insurer for the lot: auto, home and life and professional indemnity can sit with the same company, so personal and trade policies need not be split across providers.
- Claim handling runs through phone, email and online form, so you can start a claim by whichever route suits the moment, from a form to a call.
- Support is listed as phone, email and help centre, so a quote or renewal question has a phone line, an inbox and a help centre behind it.
Cons
- The pet excess starts at SGD 250, so a routine claim still leaves that amount with you before the insurer pays anything.
- The pet age range rules older animals out: the pet must be above a minimum age and below a maximum age at the policy start.
- The pet cover limit moves through a fixed annual range under Happy Tails Pet Insurance rather than a single high ceiling, so a costly year at the vet can outrun the policy.
Who each suits
Compass
Who it suits
- Adults resident in Italy who want home, health, travel and pet policies arranged through the same desk.
- Households that would rather spread the premium across the month, since monthly payments are available.
- People who want claims raised by phone, email, the online portal or post, as phone, email and online portal allows.
Who should look elsewhere
- Good Sam Insurance Agency, whose auto, home and renters adds life and motorcycle cover, suits people who want those lines alongside home and pet.
- Hiscox UK, listed for home, renters and landlord, is the pick for anyone focused on home, renters and landlord cover rather than a mixed personal policy.
- EuroAsia Insurance, listed for auto, home and travel, fits drivers and gadget owners better, while Compass concentrates on home, health, travel and pet.
Income Insurance
Who it suits
- Anyone who wants their auto, home and life cover gathered under a single insurer rather than split across providers.
- Seniors, named as an audience on seniors, and households that still want a phone line on phone, email and help centre.
- Pet owners whose animal sits inside the age window and whose yearly vet bills stay under the pet cover limit.
Who should look elsewhere
- Anyone chasing the lowest entry figure on its own: bunq starts at €0, which is the number to weigh before settling on Income Insurance.
- Renters who need contents-only cover, since Good Sam Insurance Agency lists auto, home and renters and that line is missing from auto, home and life.
- Pet owners with older animals or very large veterinary bills, who are better served by a pet-focused insurer than by Income Insurance.
Current offers
Income Insurance
Current offer
Discount code
Up to 20% off + 188,000 STAR$ on Domestic Helper Insurance: up to 20% off + 188,000 STAR$
Promo code GDH188 at checkout for qualifying policies purchased via Income Insurance website or My Income app
Source, checked September 26, 2026
Bonus
Up to 8% cashback on first-year premium for Complete Life Secure: up to 8% cashback on first-year premium
Purchase of an eligible Complete Life Secure plan, with Early Critical Secure rider
Source, checked September 26, 2026
Country by country
| Country | Compass | Income Insurance |
|---|---|---|
| Italy | Yes | No |
| Singapore | No | Yes |
Questions about each
Compass
What kind of company is Compass?+
Compass is a broker, so it arranges cover with insurers rather than underwriting the policies itself. The name sits under Compass Banca S.p.A., based in Italy. Households deal with a single contact, and the policy is issued by the insurer chosen for each line of cover.
Can I pay monthly?+
Monthly payments are available on the policies Compass places, with monthly as the payment model. The premium is spread across the year instead of being asked for in a single payment, which suits households that budget month by month.
Income Insurance
How much does cover start at?+
Premiums begin at SGD 0.60. That is the entry figure across Income Insurance products and a starting point rather than a quote for your own situation. The cover you pick and the details you give shape the price you are offered, so read it as the entry point of the range, not the amount you are likely to pay.
Is there an excess to pay on a claim?+
On Happy Tails Pet Insurance, the excess starts at SGD 250. The excess is the part of a claim you cover yourself before the insurer pays the rest. A lower excess is gentler on a routine vet visit, while a higher starting excess keeps the premium smaller. Picture a normal appointment and check that the amount you would pay alone still feels comfortable.
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