Updated September 28, 2026 · AssureCue Editorial Team

HanseMerkur Reiseversicherung AT vs Income Insurance

HanseMerkur Reiseversicherung AT scores 9.4 and Income Insurance 9.4 out of 10. Compare their differences and shared features below.

HanseMerkur Reiseversicherung AT

9.4/10

Facts checked September 26, 2026.

Income Insurance

9.4/10

Facts checked September 26, 2026.

HanseMerkur Reiseversicherung AT vs Income Insurance: the differences

HanseMerkur Reiseversicherung AT vs Income Insurance
Compare
HanseMerkur Reiseversicherung ATHanseMerkur Reiseversicherung AT
ReviewVisitVisit
Income InsuranceIncome Insurance
ReviewVisitVisit
Premium from€1.50SGD 0.60
Insurance typesTravel, Pet, GadgetAuto, Home, Life, Health, Travel, Pet, Motorcycle
Cover limit300,000 EUR for inpatient treatment abroadS$8,500 - S$27,000 maximum annual coverage per policy year (Happy Tails Pet Insurance)
Claims channelsOnline form, PhonePhone, Email, Online form, Mobile app, Customer portal
Age rangeup to 65 years of agePet insured must be at least 16 weeks old and below 9 years old at policy start
Excess fromNot confirmedSGD 250

Same on both: Provider type (Insurer).

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Key differences

  • Founded is lower at Income Insurance: 1970 vs 1977.
  • HanseMerkur Reiseversicherung AT is available in 1 more country.
  • Insurance types: only HanseMerkur Reiseversicherung AT offers Gadget.
  • Insurance types: only Income Insurance offers Auto, Home, Life.
  • Claims channels: only HanseMerkur Reiseversicherung AT offers Online form.
  • Claims channels: only Income Insurance offers Email, Online form, Mobile app.

Our verdict on each

HanseMerkur Reiseversicherung AT

HanseMerkur Reiseversicherung AT suits travellers who want a low entry price from an insurer rather than a broker, with premiums starting at €1.50. The trade-off is a firm built around travel, with cover set at 300,000 EUR for inpatient treatment abroad for inpatient treatment abroad and entry ending at up to 65 years of age.

Read the full HanseMerkur Reiseversicherung AT review

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.

Read the full Income Insurance review

Score breakdown

HanseMerkur Reiseversicherung AT vs Income Insurance
AreaHanseMerkur Reiseversicherung ATIncome Insurance
Cost9.7HigherEntry premiums of €1.50 sit under the €8.37 median across the site.9.1Premiums from SGD 0.60 sit below the site median of €8.37, while the pet excess starts at SGD 250.
Offer8.89.6Higher
Trust9.59.5

Which one suits you

Pick HanseMerkur Reiseversicherung AT if cost matter most.

Pick Income Insurance if offer matter most.

Where they rank in our lists

HanseMerkur Reiseversicherung AT vs Income Insurance
RankingHanseMerkur Reiseversicherung ATIncome Insurance
Travel insurance2 of 29111 of 291
Pet insurance1 of 1616 of 161

Where these facts come from

HanseMerkur Reiseversicherung AT

  • hansemerkur.at: 10 facts, checked September 26, 2026

Income Insurance

  • income.com.sg: 12 facts, checked September 26, 2026

Every fact side by side

HanseMerkur Reiseversicherung AT vs Income Insurance
FactHanseMerkur Reiseversicherung ATIncome Insurance
AudienceNot confirmedSeniors
Legal entityHanseMerkur Reiseversicherung AGIncome Insurance Limited
HeadquartersGermanySingapore
Founded19771970Lower
Support channelsPhone, Email, Help centrePhone, Email, Help centre

Business insurance

HanseMerkur Reiseversicherung AT vs Income Insurance
FactHanseMerkur Reiseversicherung ATIncome Insurance
Cover typesNot confirmedProfessional indemnity

Pros and cons

HanseMerkur Reiseversicherung AT

Pros

  • Entry premiums start at €1.50, under the €8.37 recorded across the site.
  • The company is an insurer, so HanseMerkur Reiseversicherung AG carries the risk on travel, pet and gadget cover and settles its own claims.
  • Support runs on phone, email and help centre, and claims can be opened on online form and phone, so a call or a form covers both.

Cons

  • Inpatient treatment abroad is capped at 300,000 EUR for inpatient treatment abroad, so a long stay or a private room runs into your own pocket.
  • Eligibility ends at up to 65 years of age, which closes the policy for older travellers.
  • Claims start on online form and phone, with no written claims address given.

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

HanseMerkur Reiseversicherung AT

Who it suits

  • Travellers buying a single trip policy who want the cover handled by the insurer rather than a broker
  • Households that want travel and pet cover from the same group
  • People who would rather report a claim by phone or on an online form

Who should look elsewhere

  • Travellers past up to 65 years of age, who will find the entry age closed and need another provider
  • Drivers, renters or life buyers: Good Sam Insurance Agency lists auto, home and renters
  • Shoppers shopping the Swiss market, where bonus.ch opens at CHF 0

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

HanseMerkur Reiseversicherung AT vs Income Insurance
CountryHanseMerkur Reiseversicherung ATIncome Insurance
AustriaYesNo
GermanyYesNo
SingaporeNoYes

Questions about each

HanseMerkur Reiseversicherung AT

What does a HanseMerkur policy start at?+

Entry premiums run from €1.50 for the travel line, and pet and gadget cover sit in the same group. Across the site the typical entry premium is €8.37, while the travel ranking sits at €7.93, so the opening price is low in both.

Who regulates HanseMerkur Reiseversicherung AT?+

It is an insurer, supervised in Austria by FMA Finanzmarktaufsicht and in Germany by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). Because the cover is underwritten by the insurer rather than arranged through a broker, the premium goes to the firm that carries the risk.

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.

Other options to compare

Other matchups

HanseMerkur Reiseversicherung AT

HanseMerkur Reiseversicherung AT

Higher score in this comparison

9.4/10Visit

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