- Income Insurance Limited (“Income”) is offering on an invite-only basis to selected customers (“Selected Customers”) a simplified insurance application programme (“Simplified Application Programme”) for Complete Cancer Care insurance plan (“Qualifying Policy”) subject to these Terms and Conditions.
- Subject to Clauses 3 and 4, the maximum sum assured per life assured for each Qualifying Policy application made under the Simplified Application Programme and issued by Income is $200,000.
- For Selected Customers without existing coverage under Cancer Protect and/or Silver Protect, the maximum sum assured per life assured for each Qualifying Policy application made under the Simplified Application Programme and issued by Income is:
3.1. Age Last Birthday 0 – 15: $100,000;
3.2. Age Last Birthday above 15: $200,000. - For Selected Customers with existing coverage under Cancer Protect and/or Silver Protect, the total maximum sum assured per life assured under Cancer Protect and/or Silver Protect and each Qualifying Policy application made under the Simplified Application Programme and issued by Income is:
4.1. Age Last Birthday 0 - 15: $100,000;
4.2. Age Last Birthday above 15: $250,000. - Application made under the Simplified Application Programme must be submitted and Income must receive all applications made under the Simplified Application Programme for the Qualifying Policy within the applicable validity period set out in the table below in Clause 5, in accordance with the batch that a Selected Customer is allocated to. Selected Customers can only submit one application made under the Simplified Application Programme within the applicable validity period. Online applications are excluded from the Simplified Application Programme.
Batch No.
Validity Period
1
1 August 2023 to 31 October 2023
2
1 September 2023 to 30 November 2023
3
1 October 2023 to 31 December 2023
4
1 November 2023 to 31 January 2024
5
1 December 2023 to 29 February 2024
6
1 January 2024 to 31 March 2024
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Selected Customers are identified based on criteria defined by Income. A Selected Customer may only participate in the Simplified Application Programme in respect of their identification by Income as a Selected Customer. Invitations to Selected Customers are not transferable.
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The Simplified Application Programme is not applicable to subsequent increase(s) in sum assured and/or premium amount, top-ups for the Qualifying Policy.
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Selected Customers may participate in the Simplified Application Programme in conjunction with any other promotion offered by Income through purchase of the Qualifying Policy, unless otherwise advised by Income at the point of application.
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A Selected Customer’s participation in the Simplified Application Programme does not affect or change the terms, conditions and/or exclusions of any policy contract of the Qualifying Policy issued. The precise terms, conditions and exclusions of the Qualifying Policy are specified in its policy contract.
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Income reserves the right to vary/amend the Terms and Conditions of this Complete Cancer Care Simplified Issuance Offer (SIO) Campaign at any time without prior notice to Selected Customers.
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Income’s decision on all matters relating to the Simplified Application Programme shall be final, conclusive, and binding.
Important Notes
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.
Protected up to specified limits by SDIC.
Information is correct as at 07 September 2023.
