Get 20%^ off SilverCare Insurance plans! 👴🏼👵🏼

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 discount on the first-year premium payable set out in the table below with the purchase of the following policy (“Qualifying Policy”):

2. For a customer to be eligible to enjoy the Promotion:

2.1. the customer must be a Singaporean or Permanent Resident of Singapore, or a holder of a valid Singapore employment pass, work permit pass, long term visit pass or student pass;

2.2. the insured must be living or working in Singapore, or living outside Singapore for no more than 180 days at any one time;

2.3. the insured must be between 50 and 75 years of age;

2.4. the application for the Qualifying Policy must be made during the Promotion Period via Income Advisors; or Income branches; or Income Hotline 6788 1111;

2.5. the customer must quote the valid promotion code “SILVER20” during the application;

2.6. payment of the first-year premium for the Qualifying Policy must be made by way of the yearly mode and such payment of the first-year premium must be successfully received by Income Insurance during the Promotion Period.

3. A customer who applies for the Qualifying Policy within 90 days from the date of expiry or cancellation of any existing/in-force Qualifying Policy with Income Insurance will not be eligible to enjoy this Promotion.

4. The Promotion does not affect or change any term, condition and exclusion of the policy contract of the Qualifying Policy issued. The precise terms, conditions and exclusions of the Qualifying Policy are specified in the policy contract.

5. Income Insurance reserves the right to demand that the customer pays the full value of the discount enjoyed by the customer (i.e. the full value of the 20% discount stated in Clause 1.1 above) for any Qualifying Policy which is issued but terminated or lapsed within 6 months from the Qualifying Policy issuance date, and the customer shall immediately pay Income Insurance such amount demanded.

6. The Promotion is not exchangeable for cash or any benefit in kind.

7. Under no circumstances 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.

8. Income Insurance reserves the right to vary/amend the terms and conditions of the Promotion at any time without prior notice to any customer.

9. Income Insurance’s decision on all matters relating to the Promotion (including the 20% discount on first-year premium for the Qualifying Policy) shall be final, conclusive and binding. No appeal will be entertained.

You can find the usual terms and conditions of the SilverCare Insurance at http://www.income.com.sg/silvercare-policy-conditions.pdf.

All our products are developed to benefit our customers but not all may be suitable for your specific needs. If you are unsure if this plan is suitable for you, we strongly encourage you to speak to a qualified insurance adviser. Otherwise, you may end up buying a plan 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 want. If you find that this plan is not suitable after purchasing it, you may terminate it within the free-look period and obtain a refund of premiums paid. We may recover from you any expense incurred in underwriting this plan.

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 or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

Information is correct as of 16 September 2024.