Get up to 8% cashback on your first-year premium! 💰

1. Income Insurance Limited (“Income Insurance”) is offering the following promotion(s) (the “Promotion”) subject to these Terms and Conditions:
   1.1. A customer shall be eligible to enjoy the Promotion with the purchase of any of the following Regular Premium Insurance Savings policies, including any applicable rider(s): Gro Cash Sure or Gro Cash Plus (collectively the “Qualifying Policies”, and each a “Qualifying Policy”).
   1.2. Where a customer opts for monthly premium payments, the annual premium amount shall refer to the total monthly premium amounts for the relevant policy year.
   1.3. Cashback is applicable to first-year premium amount only.
   1.4. Adding up minimum yearly premium amounts from multiple Qualifying Policies or dividing the premium yearly amount of a single Qualifying Policy to meet the minimum annual premium amount set out in the table above is not allowed.
2. For a customer to be eligible to enjoy the Promotion:
   2.1. The application for the relevant Qualifying Policy(ies), including the rider(s), must be submitted to Income Insurance from 1 October 2024 to 31 December 2024 (both dates inclusive) (the “Promotion Period”);
   2.2. If such application(s) is approved by Income Insurance, the relevant Qualifying Policy(ies) must be issued by Income Insurance no later than 28 February 2025; and
   2.3. At least one (1) month’s premium for the relevant Qualifying Policy must be paid by the customer and received by Income Insurance, during the Promotion Period.
3. If a customer applies for more than one Qualifying Policy, the customer will receive Cashback for each Qualifying Policy.
4. A customer who is eligible to enjoy the Promotion is entitled to Cashback only once under this Promotion for each Qualifying Policy.
5. A customer may not enjoy the Promotion in conjunction with any other promotion and/or incentive offered by Income Insurance.
6. Income Insurance reserves the right to demand from a customer the full value of the Cashback received by a customer for the purchase of Qualifying Policy(ies) under this Promotion where such Qualifying Policy(ies) are issued but terminated or lapsed within 6 months from the Qualifying Policy issue date, and the customer shall immediately pay Income Insurance such amount demanded. The full value of the Cashback refers to the amount equivalent to the Applicable Percentage of Cashback on First-Year Premium Amount received by the customer for that Qualifying Policy.
7. Income Insurance will notify the customer who is entitled to the Cashback via letter delivered to the customer’s address registered with Income Insurance.
8. The Cashback will be paid to the customer via the customer’s PayNow account (registered with the customer’s NRIC number) within 45 working days of issuance date of the relevant Qualifying Policy. Proof of credit into the customer’s PayNow account shall be deemed as conclusive evidence of delivery and receipt of the Cashback.
9. If the Cashback paid via PayNow is not successfully credited to the customer’s PayNow within 45 working days of issuance date of the relevant Qualifying Policy, a second attempt to credit the Cashback will be sent by cheque to the customer’s latest mailing address in Income Insurance’s record.
10. Cashback is not exchangeable for vouchers or any benefits-in-kind.
11. Income Insurance reserves the right to replace the Cashback with item(s) of similar value (“Replacement Item(s)”).
12. The Promotion does not affect or change any term, condition or exclusion of the policy contract of the Qualifying Policies issued. The precise terms, conditions and exclusions of the Qualifying Policies are specified in their respective policy contracts.
13. Under no circumstance shall Income Insurance be liable to any customer or party, whether in contract, tort (including negligence) or otherwise, for any liabilities, losses, damages, claims, costs and expenses (including any special or consequential damages or losses) in connection with, related to or resulting from the Promotion and/or use of the Cashback and Replacement Item(s).
14. In the event where Replacement Item(s) are issued:
    14.1. Usage of the Replacement Item(s) shall be subject to terms and conditions imposed by the merchant or manufacturer of the Replacement Item(s);
    14.2. Income Insurance is not the merchant or manufacturer of the Replacement Item(s) and provides no warranty in respect of the same. Income Insurance makes no warranties and shall not be responsible for all warranties, expressed or implied, including implied warranties of merchantability, fitness for a particular purpose, and infringement of intellectual property rights in respect of the Replacement Item(s);
    14.3. No joint venture, sponsorship, tie up, agency or any other relationship is intended or created between Income Insurance and merchant or manufacturer of the Replacement Item(s);
    14.4. Neither is this Promotion intended or deemed to be a connection with or use of the brand name of the merchant or manufacturer of the Replacement Item(s).
15. Income Insurance reserves the right to vary/amend the terms and conditions of this Promotion at any time without prior notice to customers.
16. Income Insurance’s decision on all matters relating to this Promotion shall be final, conclusive and binding. No appeals will be entertained.

All of Income’s products are developed to benefit our customers but not all our products may be suitable for your specific needs. If you are unsure if a product is suitable for you, we strongly encourage you to speak to a qualified Income insurance advisor. Otherwise, you may end up purchasing a product that does not meet your expectations or needs. As a result, you may not be able to afford the premiums or get the insurance protection you seek. Purchasing a life insurance plan is a long-term commitment on your part. If you cancel your plan prematurely, the cash value you receive (if applicable) may be zero or less than the premiums you have paid for the plan.

The precise terms, conditions and exclusions of the Gro Cash Sure plan are specified in income.com.sg/gro-cash-sure-policy-conditions.pdf and Gro Cash Plus plan in income.com.sg/gro-cash-plus-policy-conditions.pdf.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Income Insurance or visit the GIA/LIA or SDIC websites (gia.org.sg or lia.org.sg or sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Information is correct as at 1 October 2024.