🚗 Get up to 420,000 STAR$^® when you safeguard your journeys today!

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 policies, including any applicable rider(s):
   -  Drivo Classic plan;
   -  Drivo Advantage plan;
   -  Drivo Premium plan
   (collectively the “Qualifying Policies”, and each a “Qualifying Policy”).
   1.2. Applications for Qualifying Policies must be submitted to Income Insurance from 1 January 2025 to 31 December 2025 (both dates inclusive) (the “Promotion Period”), and if such applications are approved by Income Insurance, the policies must be successfully issued for the customer to be eligible to enjoy the Promotion.
   1.3. A customer shall be eligible to receive the relevant STAR$^® (the “Promotional Gift”) in the amounts set out in the table above when customer purchases Qualifying Policy(ies) in accordance with the corresponding minimum annual premium amount, including any applicable rider(s).
   1.4. 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.
   1.5. Payment of premium for the Qualifying Policy must be made by way of the yearly mode and payment of the first premium must be successfully received by Income Insurance during the Promotion Period.
   1.6. Successful applicants who purchased a NEW Drivo Classic plan, Drivo Advantage plan or Drivo Premium plan (“Qualifying Policies”) via Income Insurance’s website online at https://www.income.com.sg/buy/car-insurance;
   1.7. The insured vehicle is not more than 8 years old for Drivo Classic plan, Drivo Advantage plan and Drivo Premium plan;
   1.8. Enters and successfully uses the promo code "CAR25" during checkout on Income Insurance's website above.
2. If the applicant has a car insured with another insurer and would like to change his private car insurance policy to one of the Qualifying Policies, the applicant will be eligible for this promotion provided the applicant has satisfied all the eligibility criteria set out under these terms and conditions.
3. A customer may not enjoy this Promotion in conjunction with any other promotion and/or incentive offered by Income Insurance unless otherwise advised by Income Insurance at the point of application.
4. The following persons shall not be eligible to enjoy the Promotion:
   4.1. Applicants who choose not to renew any lapsed Income Drivo Car Insurance policy which is entitled for renewal in order to purchase a new Income Drivo Classic plan, Drivo Advantage plan or Drivo Premium plan during this promotion;
   4.2. Applicants who cancel any existing Income Drivo Car Insurance policy in order to purchase a new Income Drivo Classic plan, Drivo Advantage plan or Drivo Premium plan during this promotion.
   4.3. Applicants who are private hires and purchase a new Income Drivo Classic plan, Drivo Advantage plan or Drivo Premium plan during this promotion; or
   4.4. Applicants who are unable to successfully transact online on Income Insurance’s website due to claim(s) history.
   4.5. A customer who has their vehicle registered under a company’s name.
5. The Promotion does not affect or change any term, condition and 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.
6. Income Insurance will issue a redemption email to customers eligible to enjoy the Promotion 1 month after the policy effective date, provided that the Qualifying Policy is still in-force as of that date.
   6.1. The redemption email will be sent to the email address provided in the application form submitted by the customer. No hardcopy letter will be sent.
   6.2. The Promotion Gift must be redeemed in accordance with the instructions and terms set out in the redemption email, failing which the customer shall be deemed to have forfeited his/her entitlement to the Promotion Gift, and no compensation will be given or paid in lieu.
7. Income Insurance reserves the right to demand from the successful applicant the full value of the Promotional Gift for Qualifying Policies which are issued but terminated or lapse within 6 months from the Qualifying Policy issuance date, and the customer shall immediately pay Income Insurance such amount demanded. The full value refers to Singapore dollar equivalent of the amount of STAR$^® or the full amount of STAR$^® provided by Income Insurance as in the table above, to be determined at Income Insurance’s discretion.
8. The Promotional Gift is not exchangeable for cash or any benefit in kind.
9. Income Insurance reserves the right to replace the Promotion Gift with items of similar value (“Replacement Item”) at any time without prior notice.
10. Usage of the Promotion Gift and/or Replacement Item(s) shall be subject to terms and conditions imposed by the merchant or manufacturer of the Promotion Gift and Replacement Item(s).
11. 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 Promotion Gift and Replacement Item(s).
12. Income Insurance is not the merchant or manufacturer of the Promotion Gift and 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 against infringement of intellectual property rights in respect of the Promotion Gift and Replacement Item(s).
13. No joint venture, sponsorship, tie up, agency or any other relationship is intended or created between Income Insurance and merchant or manufacturer of the Promotion Gift and 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 Promotion Gift and Replacement Item(s).
14. Income Insurance reserves the right to vary/amend the terms and conditions of this Promotion at any time without prior notice to customers.
15. Income Insurance’s decision on all matters relating to this Promotion (including the issuance of the Promotion Gift and Replacement Item(s)) shall be final, conclusive and binding. No appeals will be entertained.

You can find the standard terms, conditions and exclusions of: Drivo Classic plan, Drivo Advantage plan or Drivo Premium plan here; Motor Insurance Extensions (Rider) here.

These policies are 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 web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

Information is correct as at 1 April 2025.