In this Terms and Conditions the following terms shall have the meaning assigned to them below:
- “Promotion” means the Exclusive Investment Welcome Bonus.
- “Income” means Income Insurance Limited.
- “SNACK App” means the SNACK BY INCOME mobile application.
- Eligible SNACK Products means any of these SNACK Products - SNACK Accident, SNACK Critical Illness, SNACK Life or SNACK Investment.
- ”Premiums” means the amount of money that was used to buy the Eligible SNACK Products, SNACK Pack premium is not included.
1. Income is offering up to $320 eCapitaVouchers ("eVouchers") for new SNACK Investment users based on the total premiums paid for the Eligible SNACK Products during the Promotion Period subject to this Promotion Terms and Conditions. Please refer to the table below for the respective Cashback entitled:
a) 2023 SNACK Investment $20 eCapitaVouchers Welcome Promotion: $20 eVouchers
b) Exclusive Investment Welcome Bonus Promotion: Up to $300 eVouchers
| TOTAL PREMIUMS PAID | EVOUCHERS ENTITLED |
| $1,000 | $100 |
| $2,000 | $200 |
| $3,000 | $300 |
2. The Promotion is valid from 6 November 2023 until:
- 26 November 2023, or
- the date the total value of Cashback issued by Income under this Promotion cumulatively, reaches $150,000, (inclusive of both dates), whichever is earlier (the “Promotion Period”).
3. You will be eligible for the eVouchers under this Promotion if:
- you directly receive a SNACK App push notification regarding this promotion and/or able to view the Promotion page in SNACK App;
- you are a Singapore Citizen or Singapore Permanent Resident;
- you are between 18 – 61 years old (inclusive of both years);
- you have started and boosted SNACK Investments and met the terms set out in Clause 1(a) during Promotion Period only;
- you have paid premiums for the Eligible SNACK Products and have met the required amount set out in Clause 1(b).
4. If you are eligible to receive the eVouchers, you will be fulfilled via your SNACK registered email by 15 January 2024.
5. Each applicant shall only be entitled to the eVouchers once, under this Promotion.
6. The eVouchers is non-exchangeable for cash or benefit in kind.
7. Income reserves the right to replace the eVouchers with items of similar value (“Replacement Item”) at any time without prior notice.
8. For premiums that is paid for SNACK Investment, any withdrawal during Promotion Period will deemed to have forfeited and not be accounted for the Promotion.
9. Usage of the eVouchers is subject to the merchant’s or manufacturer’s terms and conditions of use. Income shall not be responsible or liable for any defect or malfunction in the eVouchers and/or for any losses, injuries, damages, claims, costs and expenses or for any special or consequential damages or losses, or harm suffered or incurred or in connection with the receipt, use or enjoyment of the eVouchers by any person.
10. Income is not the manufacturer or merchant of the eVouchers. Income shall not be responsible for and neither does Income provide any warranties, expressed or implied, including warranties of merchantability, fitness of a particular purpose and non-infringement of intellectual property rights in respect of the eVouchers.
11. No joint venture, sponsorship, tie up, agency or any other relationship is intended or created between Income and the manufacturer or merchant in respect of the eVouchers. Neither is the Promotion intended or deemed to be a connection with or use of the brand name of other merchants of the eVouchers, including with the products and services offered by the other merchants.
12. Incomeʼs decision as the organiser of this Promotion is final and no correspondence will be entertained.
13. Income may vary these terms and conditions, or withdraw or discontinue the Promotion at any time without any notice or liability to any party.
14. In the event of any inconsistency between the terms and conditions of this Promotion and any marketing or promotional materials relating to the Promotion, these terms and conditions shall prevail.
Important Notes:
- This material shall not constitute an advice of the suitability of the product. You should seek independent advice from a qualified advisor where in doubt. Buying insurance products that are not suitable for you may impact your ability to finance your future insurance needs.
- The relevant policy contracts shall be made available to the applicant via the SNACK App. Terms, conditions and exclusions apply. This insurance plan is underwritten and issued by Income.
- Protected up to specified limits by SDIC.
Information is correct as of 6 November 2023.
