To receive the Discount for the Qualifying Policies:
- New business applications must be submitted through the Dedicated Link during the Promotion Period;
- The Advisor Code / SP Code must remain unchanged at 600472; and;
- Premium payment must be successfully received by Income during the Promotion Period.
- You and the insured persons are not eligible for this Promotion if you cancel any existing Income Travel Insurance policy and purchase any of the Per-trip and Yearly Qualifying Policies for the same trip duration and destination.
- This promotion is not applicable to all of Income's Travel Insurance Enhanced PreX Per-trip and Yearly plans, Income's TravelBliss Per-trip and Yearly plans.
- An administrative charge of $20 (subject to the prevailing GST, i.e., $21.60 @ 8% GST in year 2023 and $21.80 @ 9% GST from year 2024) will apply to any endorsement made to any Qualifying Policies issued under this Promotion. This administrative charge is in addition to any extra premiums which you will have to pay for making changes to the Qualifying Policies such as extending the period of insurance or adding a new insured person. The Discount on premiums payable will also no longer apply as a result of any endorsement to any Qualifying Policies issued under this Promotion and the extra premiums.
- An administrative charge of $20 (subject to the prevailing GST, i.e., $21.60 @ 8% GST in year 2023 and $21.80 @ 9% GST from year 2024) will also apply for cancellation of any Qualifying Policies issued under this Promotion. This administrative charge includes the prevailing administrative charge stated in the policy conditions for cancellation of policy. There is no premium refund for the Qualifying Policies which are cancelled after the start date of the policy.
- This Promotion is only applicable to Singaporeans, Permanent Residents of Singapore and holders of a valid Singapore employment pass, work permit pass, long term visit pass and student pass.
- Income reserves the right to change the terms and conditions of this Promotion without any prior notice.
- The Discount is not exchangeable for cash or any benefit in kind.
These Qualifying Policies are underwritten and issued by Income. You can find the usual terms and conditions of the Qualifying Policies ("this policy") under ‘Your policy toolkit’ on Income's Travel Insurance page.
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 or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg)
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