Get up to 30%^ 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. With the purchase of a Star Secure Pro or TermLife Solitaire Protection Plan (collectively the “Qualifying Policies”, and each a “Qualifying Policy”), including any applicable riders, customers will be eligible to receive cashback of up to 30% on their first-year premium amount paid in accordance with the table above.
   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. Premium cashback amount is applicable to first-year premium 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 tables above is not allowed.
2. A customer shall be eligible to enjoy the Promotion with the purchase of any of the protection plan policies, including any applicable rider(s):
   2.1. Star Secure Pro;
   2.2. TermLife Solitaire;
   (collectively the “Qualifying Policies”, and each a “Qualifying Policy”).
3. Applications for Qualifying Policies including the rider(s) must be submitted to Income Insurance from 5 March 2024 to 30 June 2024 (both dates inclusive) (the “Promotion Period”), and if such applications are approved by Income Insurance, the policies must be issued no later than 31 August 2024 for a customer to be eligible to enjoy the Promotion.
4. A customer may not enjoy this Promotion in conjunction with any other promotion and/or incentive offered by Income Insurance.
5. A customer who is eligible to enjoy the Promotion is entitled to cashback only once under this Promotion for each Qualifying Policy. Subsequent increase(s) in sum assured and/or premium amount, top-ups, or applications for riders made during the Promotion Period, for the Qualifying Policy or Policies after Cashback amount has been paid out will not entitle the customer to additional cashback. 
6. A customer with any existing protection policy, including any rider(s) issued, - who subsequently increases their sum assured and/or premium amount, top-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.
7. Income Insurance reserves the right to demand from a customer the full value of the Cashback received by a customer under this Promotion where Qualifying Policy(ies) are issued but cancelled/terminated by Income Insurance or customer, or lapsed by the customer within 6 months from the 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.
8. A customer who successfully signed up for a Qualifying Policy and rider (if applicable) and met the minimum annual premium set out in the table above will be entitled to the corresponding Cashback as set out in the said table. The Cashback will be paid to the customer via the customer’s PayNow account (registered with the customer’s NRIC) within 45 working days.
9. If the Cashback paid via PayNow is not successfully credited to the customer’s PayNow within 45 working days of issuance date of qualifying policy(ies), a second attempt to credit the cashback will be sent by cheque to the customer’s latest mailing address in Income’s record.
10. At least one (1) month’s premium for the Qualifying Policy or Qualifying Policies must be paid upfront and received by Income Insurance during the Promotion Period for a customer to be eligible for this Promotion.
11. Income Insurance will send a letter to inform the customer about the cashback at the customer’s address registered with Income. 
12. Cashback is not exchangeable for vouchers or any benefits-in-kind.
13. Proof of credit into PayNow shall be deemed as conclusive evidence of delivery and receipt.
14. If a customer applies for more than one Qualifying Product, the customer will receive the Cashback based on the policy or policies issued to the corresponding Qualifying Product.
15. Income Insurance reserves the right to replace the Cashback with item(s) of similar value (“Replacement Item(s)”).
16. 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.
17. 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) directly or indirectly in connection with, related to or resulting from the Promotion and/or use of the Cashback and Replacement Item(s).
18. In the event where Replacement Item(s) are issued:
    18.1. usage of the Replacement Item(s) shall be subject to terms and conditions imposed by the merchant or manufacturer of the Replacement Item(s);
    18.2. 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);
    18.3. 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);
    18.4. 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).
19. Income Insurance reserves the right to vary/amend the terms and conditions of this Promotion at any time without prior notice to customers.
20. 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 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 Star Secure Pro plan are specified in www.income.com.sg/star-secure-pro-policy-conditions.pdf, and TermLife Solitaire plan in www.income.com.sg/termlife-solitaire-policy-conditions.pdf,  

Protected up to specified limits by SDIC.

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

Information is correct as at 5 March 2024.