ICMIF member NTUC Income (Income) has this week launched the industry’s first micro investment-linked plan (ILP) on the SNACK by Income mobile app. Known as SNACK Investment, it adopts a “stackable” approach that allows consumers in Singapore to build their investment portfolios with bite-sized premiums while providing insurance coverage as they go about their daily lives. It is designed for those who are keen and eligible to invest but have not done so due to high barriers of entry, as well as those who are looking for options to diversify their investment portfolios.