Updated September 28, 2026 · AssureCue Editorial Team
Hiscox UK vs Income Insurance
Hiscox UK vs Income Insurance: the differences
| Compare |  Hiscox UK |  Income Insurance |
|---|---|---|
| Cover types | Public liability, Professional indemnity, Employers liability, CyberCovers more | Professional indemnity |
| Premium from | £5.20 | SGD 0.60 |
| Indemnity limit | £10,000,000 | Not confirmed |
| Excess from | Not confirmed | SGD 250 |
| Monthly payments | Yes | Not confirmed |
| Industries | IT, consultancy, trades, retail, freelancers and sole traders | Not confirmed |
Same on both: Provider type (Insurer).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Hiscox UK scores higher overall: 9.5 vs 9.4.
- Cover types: only Hiscox UK offers Public liability, Employers liability, Cyber.
- Support channels: only Income Insurance offers Email.
Our verdict on each
Hiscox UK
Hiscox UK suits small businesses, sole traders and freelancers who want an insurer with a high indemnity limit at a low entry price. It sits first of 11 on indemnity limit and second of 14 on premium from, with business cover priced from £5.20 a month.
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 | Hiscox UK | Income Insurance |
|---|---|---|
| Cost | 9.5HigherPremium from £5.20 ranks 2 of 14 and sits under the site median of €8.37. | 9.1Premiums from SGD 0.60 sit below the site median of €8.37, while the pet excess starts at SGD 250. |
| Offer | 9.4Indemnity limit of £10,000,000 ranks 1 of 11, above the median of €3,486,547.74. | 9.6Higher |
| Trust | 9.7Higher | 9.5 |
Availability and regulation
Additional countries for Hiscox UK: 1. Additional countries for Income Insurance: 1.
Feature by feature
| Cover types | Hiscox UK | Income Insurance |
|---|---|---|
| Public liability | Yes | No |
| Professional indemnity | Yes | Yes |
| Employers liability | Yes | No |
| Cyber | Yes | No |
What we checked
Hiscox UK
- hiscox.co.uk: 9 facts, checked September 26, 2026
Income Insurance
- income.com.sg: 8 facts, checked September 26, 2026
How they place
| Ranking | Hiscox UK | Income Insurance |
|---|---|---|
| Car insurance | 59 of 394 | 8 of 394 |
| Home insurance | 42 of 273 | 7 of 273 |
| Business insurance | 30 of 150 | 9 of 150 |
| Professional indemnity and liability insurance | 10 of 38 | 3 of 38 |
Every fact side by side
| Fact | Hiscox UK | Income Insurance |
|---|---|---|
| Legal entity | Hiscox Underwriting Ltd | Income Insurance Limited |
| Headquarters | United Kingdom | Singapore |
| Founded | Not confirmed | 1970 |
| Support channels | Phone, Help centre | Phone, Email, Help centreCovers more |
Personal insurance
| Fact | Hiscox UK | Income Insurance |
|---|---|---|
| Insurance types | Home, Renters, Landlord, Auto, Home emergency | Auto, Home, Life, Health, Travel, Pet, Motorcycle |
| Audience | Not confirmed | Seniors |
| Cover limit | GBP 100,000 | S$8,500 - S$27,000 maximum annual coverage per policy year (Happy Tails Pet Insurance) |
| Claims channels | Phone, Online, Post | Phone, Email, Online form, Mobile app, Customer portal |
| Age range | Not confirmed | Pet insured must be at least 16 weeks old and below 9 years old at policy start |
Where each stands against the rest
| Fact | Hiscox UK | Income Insurance | Median |
|---|---|---|---|
| Indemnity limit | £10,000,000highest quarter | Not confirmed | £4,000,000 |
Median across 10 listed insurance providers.
Pros and cons
Hiscox UK
Pros
- Indemnity limits of £10,000,000 rank first of 11 brands on our data, well above the site median of €3,486,547.74.
- Business lines cover public liability, professional indemnity, employers liability and cyber, so several core covers sit with one insurer.
- Premium from £5.20 sits below the site median of €8.37, and Hiscox UK ranks 2 of 14 on entry price.
Cons
- Support runs on phone and help centre only, so a help centre and phone line are the listed ways to reach the team.
- Business cover is limited to public liability, professional indemnity and employers liability, with no property business line among the listed lines.
- The entry premium is a starting figure, and business insurance premium from £5.20 sits under a category spread running to €3,431.08.
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
Hiscox UK
Who it suits
- IT companies, consultancies and trades that need a high indemnity limit on professional indemnity
- Freelancers and sole traders buying their first business policy
- Businesses wanting public liability, employers liability and cyber from one insurer
Who should look elsewhere
- Buyers who want a broker to shop the whole market for them, such as broker
- Buyers needing property business cover, which sits outside public liability, professional indemnity and employers liability
- Personal only shoppers, as the listed cover centres on business lines in public liability, professional indemnity and employers liability
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 | Hiscox UK | Income Insurance |
|---|---|---|
| Singapore | No | Yes |
| United Kingdom | Yes | No |
Questions about each
Hiscox UK
How much does business insurance cost at Hiscox UK?+
Business cover starts at £5.20 a month with monthly payments available. That entry figure sits below the site median of €8.37 and under the business insurance median of €8.37. Your own price depends on the cover, the limit and the trade.
What is the highest indemnity limit offered?+
Professional indemnity cover reaches £10,000,000. That ranks Hiscox UK 1 of 11 brands on our data, and the site median for the same limit is €3,486,547.74. Higher limits usually cost more, so pair the figure with the premium.
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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