Get up to 7% cashback^ on your first-year premium when you purchase a Gro Cash Plus or Gro Cash Sure plan!

^Cashback is applicable to first-year premiums only. To qualify for the Cashback, you must purchase a Gro Cash Plus or Gro Cash Sure policy, including any applicable rider(s) (“Qualifying Policy”) during the promotion period, meet the corresponding minimum annual premium as set out above. Each Qualifying Customer is entitled to receive the Cashback once per Qualifying Policy. Other promotion terms and conditions apply.

[1]At the end of the premium term, if the policyholder did not cash in this policy and all premiums for this policy have been paid for, the guaranteed cash value for this policy is equal to total premiums paid, excluding premiums paid on riders. If the policyholder choose to cash in this policy partially, the sum assured after the partial cash payout cannot be less than the minimum sum assured limit or any other amount Income Insurance may tell the policyholder about. Income Insurance will use the new sum assured and reduced regular premium amount, excluding premiums paid on riders, to work out the guaranteed cash value (if any) from the policy entry date.

[2]If the insured survives at the end of the premium term, and if all premiums for this policy have been paid for, Income Insurance will start paying the cash benefit at the end of the premium term. Income Insurance may pay a cash bonus on top of each cash benefit by applying a bonus rate to the sum assured. Income Insurance may or may not pay this cash bonus for each policy year. The percentage of the sum assured for the yearly cash benefit is dependent on the policy entry age of the original insured. If the sum assured of the policy is at least $80,000, you can choose to receive the yearly cash payouts in monthly payments. You cannot change the frequency you receive the cash benefit (yearly or monthly) after the first cash benefit is paid out. If Income Insurance pays a cash bonus on top of a cash benefit, Income Insurance will treat the cash bonus and its cash benefit as one cash benefit. Please refer to the policy conditions for further details.

[3]If the insured survives at the end of the premium term, and if all premiums for this policy have been paid for, Income Insurance will start paying the cash benefit at the end of the premium term. Income Insurance may pay a cash bonus on top of each cash benefit, by applying a bonus rate to the sum assured, and may include any loyalty bonus payable from the end of 20th policy year after the end of premium term. Income Insurance may or may not pay this cash bonus for each policy year. Each yearly cash benefit is 2% of the sum assured and the non-guaranteed cash bonus without loyalty bonus is 7.3% of your sum assured and with loyalty bonus is 7.9% of your sum assured (based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% per annum). At an illustrated investment rate of return of 3.00% per annum, the non-guaranteed cash bonus without loyalty bonus is 4% of your sum assured and with loyalty bonus is 4.35% of your sum assured.
If the sum assured of the policy is at least $80,000, the yearly cash payouts can be received in monthly payments. Please refer to the policy contract for further details.
The above-mentioned percentages of the sum assured do not reflect the policy’s illustrated yield upon surrender. The sum assured in this plan is a notional value used to determine the cash benefit and non-guaranteed bonuses. It does not represent the amount payable upon death or diagnosis of terminal illness.

This is for general information only and does not constitute an offer, recommendation, solicitation or advice to buy or sell any product(s). If you are unsure if a product is suitable for you, we strongly encourage you to speak to a qualified 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.

For enquiries on the Promotion, customers may reach out to Income Insurance via [email protected]

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 receive cashback of up to 7% on their first-year premium amount paid (“Cashback”) set out in the table above with the purchase of any of the following policies (collectively, the “Qualifying Policies”, and each a “Qualifying Policy”), with the corresponding minimum annual premium including any applicable rider(s).

1.2. You must apply for the Qualifying Policy including any rider(s) (if applicable), as a policyholder (“Qualifying Customer”).  

1.3. Where a Qualifying Customer opts for monthly premium payments, the annual premium amount shall refer to the total monthly premium amounts for the relevant policy year. Adding up premium amounts from multiple policies or dividing the premium amount of a single policy to meet the minimum annual premium amount set out in the table above is not allowed. 

1.4. Cashback is applicable to first-year premium amount only. 

2. For a Qualifying Customer to be eligible to enjoy the Promotion:  

2.1 The application for the Qualifying Policy, including the rider(s) (if applicable), must be submitted to Income Insurance from 18 May 2026 to 30 June 2026 (both dates inclusive) (the “Promotion Period”);  

2.2 If such application is approved by Income Insurance, the Qualifying Policy must be issued by Income Insurance no later than 31 August 2026; and 

2.3 At least one (1) month’s premium for the Qualifying Policy must be paid by the Qualifying Customer and received by Income Insurance, during the Promotion Period. 

3. Subject to paragraph 4, if a Qualifying Customer applies for more than one Qualifying Policy, the Qualifying Customer will receive Cashback for each Qualifying Policy, provided each meets the respective eligibility criteria set out under these Terms and Conditions. 

4. A Qualifying Customer who is eligible to enjoy the Promotion is entitled to receive Cashback only once per Qualifying Policy under this Promotion. For avoidance of doubt, a customer with Gro Cash Plus or Gro Cash Sure policy including any rider(s) issued, whether issued before or during the Promotion Period and whether with any eligibility to enjoy the Promotion, who subsequently increases their sum assured and/or premium amount, tops-up or applies for riders during the Promotion Period will not be eligible to enjoy this Promotion as a result of such increase(s) in sum assured and/or premium amount, top-ups, or applications for riders.  

5.  A Qualifying 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 Qualifying 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 Qualifying Customer shall immediately pay Income Insurance such amount upon demand. 

7. Income Insurance will notify the Qualifying Customer who is entitled to the Cashback via email sent to the Qualifying Customer’s email address in Income Insurance’s record. The Cashback will be paid to the Qualifying Customer via the Qualifying Customer’s PayNow account (registered with the customer’s NRIC) within 90 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. No hardcopy letter will be sent.  

8. An SMS or email notification will be sent to the customer if the Cashback paid via PayNow is not successfully credited to the Qualifying Customer’s PayNow account within 90 working days from the issuance date of the relevant Qualifying Policy. A second attempt to credit the Cashback will be made via PayNow three working days after the date the SMS or email is sent. 

9. If the second Cashback credit attempt via PayNow fails, the Qualifying Customer will be notified via SMS or email and advised to either (i) link their PayNow account to NRIC/FIN and request reissuance via the Payout Management Portal (PMP), or (ii) for DBS/POSB accounts, provide account details via the PMP for direct credit. Funds are expected to be received within five (5) working days upon successful submission.  

10. Income Insurance reserves the right to replace the Cashback with item(s) of similar value (“Replacement Item(s)”) at any time without prior notice. 

11. The Cashback is not exchangeable for vouchers, or any other benefits-in-kind. 

12. In the event where Replacement Item(s) are issued, usage of the Replacement Item(s) shall be subject to terms and conditions imposed by the merchant or manufacturer of the Replacement Item(s).  

13. 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. 

14. 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). 

15. 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). 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).  

16. 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 and/or use of the Cashback or the Replacement Item(s). 

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

18. 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 Insurance’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 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 policy is a long-term commitment on your part. If you cancel your policy prematurely, the cash value you receive (if applicable) may be zero or less than the premiums you have paid for the policy.  

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

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 (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).  

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

Protected by copyright and owned by Income Insurance Limited. 

Information is correct as at 18 May 2026 (SGT).

^Cashback is applicable to first-year premiums only. To qualify for the Cashback, you must purchase a Gro Cash Plus or Gro Cash Sure policy, including any applicable rider(s) (“Qualifying Policy”) during the promotion period, meet the corresponding minimum annual premium as set out above. Each Qualifying Customer is entitled to receive the Cashback once per Qualifying Policy. Other promotion terms and conditions apply.

[1]At the end of the premium term, if the policyholder did not cash in this policy and all premiums for this policy have been paid for, the guaranteed cash value for this policy is equal to total premiums paid, excluding premiums paid on riders. If the policyholder choose to cash in this policy partially, the sum assured after the partial cash payout cannot be less than the minimum sum assured limit or any other amount Income Insurance may tell the policyholder about. Income Insurance will use the new sum assured and reduced regular premium amount, excluding premiums paid on riders, to work out the guaranteed cash value (if any) from the policy entry date.

[2]If the insured survives at the end of the premium term, and if all premiums for this policy have been paid for, Income Insurance will start paying the cash benefit at the end of the premium term. Income Insurance may pay a cash bonus on top of each cash benefit by applying a bonus rate to the sum assured. Income Insurance may or may not pay this cash bonus for each policy year. The percentage of the sum assured for the yearly cash benefit is dependent on the policy entry age of the original insured. If the sum assured of the policy is at least $80,000, you can choose to receive the yearly cash payouts in monthly payments. You cannot change the frequency you receive the cash benefit (yearly or monthly) after the first cash benefit is paid out. If Income Insurance pays a cash bonus on top of a cash benefit, Income Insurance will treat the cash bonus and its cash benefit as one cash benefit. Please refer to the policy conditions for further details.

[3]If the insured survives at the end of the premium term, and if all premiums for this policy have been paid for, Income Insurance will start paying the cash benefit at the end of the premium term. Income Insurance may pay a cash bonus on top of each cash benefit, by applying a bonus rate to the sum assured, and may include any loyalty bonus payable from the end of 20th policy year after the end of premium term. Income Insurance may or may not pay this cash bonus for each policy year. Each yearly cash benefit is 2% of the sum assured and the non-guaranteed cash bonus without loyalty bonus is 7.3% of your sum assured and with loyalty bonus is 7.9% of your sum assured (based on the assumption that the Life Participating Fund earns a long-term average return of 4.25% per annum). At an illustrated investment rate of return of 3.00% per annum, the non-guaranteed cash bonus without loyalty bonus is 4% of your sum assured and with loyalty bonus is 4.35% of your sum assured.
If the sum assured of the policy is at least $80,000, the yearly cash payouts can be received in monthly payments. Please refer to the policy contract for further details.
The above-mentioned percentages of the sum assured do not reflect the policy’s illustrated yield upon surrender. The sum assured in this plan is a notional value used to determine the cash benefit and non-guaranteed bonuses. It does not represent the amount payable upon death or diagnosis of terminal illness.

This is for general information only and does not constitute an offer, recommendation, solicitation or advice to buy or sell any product(s). If you are unsure if a product is suitable for you, we strongly encourage you to speak to a qualified 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.

For enquiries on the Promotion, customers may reach out to Income Insurance via [email protected]

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 receive cashback of up to 7% on their first-year premium amount paid (“Cashback”) set out in the table above with the purchase of any of the following policies (collectively, the “Qualifying Policies”, and each a “Qualifying Policy”), with the corresponding minimum annual premium including any applicable rider(s).

 1.2. You must apply for the Qualifying Policy including any rider(s) (if applicable), as a policyholder (“Qualifying Customer”).  

1.3. Where a Qualifying Customer opts for monthly premium payments, the annual premium amount shall refer to the total monthly premium amounts for the relevant policy year. Adding up premium amounts from multiple policies or dividing the premium amount of a single policy to meet the minimum annual premium amount set out in the table above is not allowed. 

1.4. Cashback is applicable to first-year premium amount only. 

2. For a Qualifying Customer to be eligible to enjoy the Promotion:  

2.1 The application for the Qualifying Policy, including the rider(s) (if applicable), must be submitted to Income Insurance from 18 May 2026 to 30 June 2026 (both dates inclusive) (the “Promotion Period”);  

2.2 If such application is approved by Income Insurance, the Qualifying Policy must be issued by Income Insurance no later than 31 August 2026; and 

2.3 At least one (1) month’s premium for the Qualifying Policy must be paid by the Qualifying Customer and received by Income Insurance, during the Promotion Period. 

3. Subject to paragraph 4, if a Qualifying Customer applies for more than one Qualifying Policy, the Qualifying Customer will receive Cashback for each Qualifying Policy, provided each meets the respective eligibility criteria set out under these Terms and Conditions. 

4. A Qualifying Customer who is eligible to enjoy the Promotion is entitled to receive Cashback only once per Qualifying Policy under this Promotion. For avoidance of doubt, a customer with Gro Cash Plus or Gro Cash Sure policy including any rider(s) issued, whether issued before or during the Promotion Period and whether with any eligibility to enjoy the Promotion, who subsequently increases their sum assured and/or premium amount, tops-up or applies for riders during the Promotion Period will not be eligible to enjoy this Promotion as a result of such increase(s) in sum assured and/or premium amount, top-ups, or applications for riders.  

5.  A Qualifying 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 Qualifying 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 Qualifying Customer shall immediately pay Income Insurance such amount upon demand. 

7. Income Insurance will notify the Qualifying Customer who is entitled to the Cashback via email sent to the Qualifying Customer’s email address in Income Insurance’s record. The Cashback will be paid to the Qualifying Customer via the Qualifying Customer’s PayNow account (registered with the customer’s NRIC) within 90 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. No hardcopy letter will be sent.  

8. An SMS or email notification will be sent to the customer if the Cashback paid via PayNow is not successfully credited to the Qualifying Customer’s PayNow account within 90 working days from the issuance date of the relevant Qualifying Policy. A second attempt to credit the Cashback will be made via PayNow three working days after the date the SMS or email is sent. 

9. If the second Cashback credit attempt via PayNow fails, the Qualifying Customer will be notified via SMS or email and advised to either (i) link their PayNow account to NRIC/FIN and request reissuance via the Payout Management Portal (PMP), or (ii) for DBS/POSB accounts, provide account details via the PMP for direct credit. Funds are expected to be received within five (5) working days upon successful submission.  

10. Income Insurance reserves the right to replace the Cashback with item(s) of similar value (“Replacement Item(s)”) at any time without prior notice. 

11. The Cashback is not exchangeable for vouchers, or any other benefits-in-kind. 

12. In the event where Replacement Item(s) are issued, usage of the Replacement Item(s) shall be subject to terms and conditions imposed by the merchant or manufacturer of the Replacement Item(s).  

13. 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. 

14. 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). 

15. 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). 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).  

16. 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 and/or use of the Cashback or the Replacement Item(s). 

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

18. 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 Insurance’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 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 policy is a long-term commitment on your part. If you cancel your policy prematurely, the cash value you receive (if applicable) may be zero or less than the premiums you have paid for the policy.  

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

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 (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).  

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

Protected by copyright and owned by Income Insurance Limited. 

Information is correct as at 18 May 2026 (SGT).