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Updated September 28, 2026 · SumCue 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

HanseMerkur Reiseversicherung AT

Higher score in this comparison

9.4/10
Visit
Income Insurance

Income Insurance

9.4/10
Visit

What sets them apart

HanseMerkur Reiseversicherung AT vs Income Insurance
CompareHanseMerkur Reiseversicherung ATHanseMerkur Reiseversicherung ATReviewVisitVisitIncome InsuranceIncome InsuranceReviewVisitVisit
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).

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

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 and pet owners who want one insurer for travel, pet and gadget cover, with premiums from €1.50. Support runs on phone, email and help centre, and it is an insurer rather than a broker, so cover sits with the company that sets the terms.

Read the full HanseMerkur Reiseversicherung AT review

Income Insurance

Income Insurance is a Singapore insurer selling auto, home, life, health, travel, pet and motorcycle cover, with a starting premium of SGD 0.60. It suits households that want several kinds of cover under one insurer, and seniors sit among the audience it names.

Read the full Income Insurance review

Score breakdown

HanseMerkur Reiseversicherung AT vs Income Insurance
AreaHanseMerkur Reiseversicherung ATIncome Insurance
Cost9.8HigherPremiums start at €1.50, below the site median of €8.31 and the insurance ranking median of €7.95.9.1Starting premium of SGD 0.60 ranks 25 of 251 brands on premium from, while pet cover carries an excess of SGD 250.
Offer8.89.5Higher
Trust9.59.5

Where they rank in our lists

HanseMerkur Reiseversicherung AT vs Income Insurance
RankingHanseMerkur Reiseversicherung ATIncome Insurance
Insurance4 of 62715 of 627
Travel insurance2 of 2788 of 278
Pet insurance1 of 1573 of 157

Where each is licensed and available

HanseMerkur Reiseversicherung AT vs Income Insurance
CountryHanseMerkur Reiseversicherung ATIncome Insurance
AustriaNot confirmed
GermanyNot confirmed

Additional countries for HanseMerkur Reiseversicherung AT: 2. Additional countries for Income Insurance: 1.

Sources behind this comparison

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

Pros and cons

HanseMerkur Reiseversicherung AT

Pros

  • Premiums start at €1.50, well under the site median of €8.31 and the insurance ranking median of €7.95.
  • It is an insurer, not a broker, so insurer means the cover and the claims are handled by the same company.
  • One insurer covers travel, pet and gadget, so you can hold travel, pet and gadget policies in the same place.

Cons

  • Entry is capped by age, at up to 65 years of age for the overseas health cover, so older travellers may be priced or turned away.
  • Cover is limited to the categories listed in travel, pet and gadget, which do not include motor, home or life policies.
  • A single competitor keeps its headline entry at €25, far above €1.50, though that figure is a savings product, not a policy.

Income Insurance

Pros

  • One insurer handles auto, home and life.
  • Starting premiums of SGD 0.60, with the site's median starting premium at €8.31.
  • Claims can be started through phone, email and online form.

Cons

  • The pet policy starts at an excess of SGD 250, and its annual cover is capped at a set maximum.
  • The pet line under auto, home and life only begins inside a set age band, so an older animal falls outside it.
  • Pricing and cover sit in a single market, SG, and the only audience named is seniors.

Who each suits

HanseMerkur Reiseversicherung AT

Who it suits

  • Travellers buying a single-trip or annual policy who want an insurer behind the wording rather than a comparison site.
  • Pet owners who want gadget and travel cover from the same insurer.
  • Anyone who wants a low entry price and will deal with phone, email and help centre when something goes wrong.

Who should look elsewhere

  • Anyone past the up to 65 years of age entry point for overseas health cover.
  • If you need motor, home or life cover, since travel, pet and gadget does not list them.
  • If you want to raise a claim only in an app, because online form and phone covers online form and phone.

Income Insurance

Who it suits

  • Households in Singapore who want motor, home, life, health, travel, pet and motorcycle cover arranged with one provider.
  • Seniors, the only audience named under seniors.
  • Pet owners with a young animal who are comfortable paying SGD 250 first on a vet bill.

Who should look elsewhere

  • Readers chasing the lowest starting premium on the site, since bunq and bunq Spain list €0 and €0.
  • Anyone who needs cover in a market other than SG, for whom bunq Spain is the option here tied to a different country.

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

How much does a policy cost?+

Premiums start at €1.50 on the entry-level overseas health cover. That sits below the site median of €8.31 and the insurance ranking median of €7.95, so it is a low bar to enter. Trip length, destination and age shape the real price.

Who is behind the cover?+

You are contracting with an insurer, insurer, rather than a broker or a comparison site. The named company is HanseMerkur Reiseversicherung AG, based in Germany and trading since 1977. That means the terms, the claims handling and the payout all come from the same firm.

Income Insurance

What kinds of insurance does Income Insurance sell?+

Income Insurance writes auto, home and life policies, so motor, home, life, health, travel, pet and motorcycle cover all sit with one provider. It is classed as an insurer rather than a comparison site, and it operates from SG.

What is the cheapest premium?+

The advertised starting premium is SGD 0.60. The site's median starting premium is €8.31, with a lower quartile of €2.92 and an upper quartile of €29.72. Income sits in the cheaper part of that range.

Other options to compare

Other matchups

HanseMerkur Reiseversicherung AT

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Income Insurance

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