Singlife's Comprehensive Offering

Through the partnership, Singlife is providing:

1.       Seamless integration of mental health support with existing insurance policies

2.      A holistic approach to health coverage, addressing both physical and mental wellbeing

3.      Support for employers in creating healthier, more productive work environments

Paving the Way for Holistic Wellbeing

Singlife is not just offering a new service – we are reshaping the insurance landscape. This initiative represents a significant shift in how insurers approach health coverage, with us leading the way in reframing mental health as a core component of overall wellbeing.

In September 2024, Singlife, a leading homegrown financial services company, announced its partnership with award-winning mental health company Intellect. This collaboration demonstrates Singlife's innovative approach to redefine the insurance industry by complementing traditional protection with comprehensive mental health support.

"Recognising the Need for Mental Health Support" 
Why is Singlife taking the lead in integrating mental health support into insurance?

As a forward-thinking insurer, Singlife recognises the growing importance of mental health in overall wellbeing. Recent studies show that the costs of absenteeism and presenteeism at the workplace due to mental health problems range between S$2.3 billion to S$12.8 billion. By addressing this critical need, Singlife aims to provide more comprehensive care for its policyholders while helping employers maximise efficiencies.
 

Singlife's Innovation Solution

Through this partnership, Singlife  provides policyholders with innovative insurance offerings  such as:

1.    Access to Intellect's award-winning self-care platform.
2.    Personalised mental health support and preventative care tools
3.    24/7 helpline with multilingual support in 30 languages across 60 countries.
4.    Integration of mental health support into existing insurance coverage

Varun Mittal, Head of Innovation & Ecosystem at Singlife, emphasised the company's commitment:

"Singlife believes in supporting our customers holistically. Aside from physical health, it is equally important to take care of one's mental wellbeing. We are elated to partner with Intellect to co-curate and launch the first-in-market comprehensive mental wellness proposition under our 'Benefits XP' programme. It provides our customers 24/7 access to numerous mental wellbeing resources. This is a significant milestone in our 'Beyond Insurance' mission to evolve and advance the future of workplace benefits."