In this Terms and Conditions the following terms shall have the meaning assigned to them below:
- “Promotion” means the SNACK Li Chun Flash Sale (4-5 Feb 2024) Promotion.
- “Income” means Income Insurance Limited.
- “SNACK App” means the SNACK BY INCOME mobile application.
- SNACK Insurance Product means any of these SNACK Products - SNACK Accident, SNACK Critical Illness or SNACK Life.
- “SNACK Investment” means the micro investment linked policy in the SNACK App.
- “Investment” or “Invest” means a purchase of units from selected sub-fund using premiums or investment credit.
- "Single top-up" means using the feature in SNACK App to perform a top-up to your Investment.
- "Vouchers" for this Promotion will be in the form of eCapitaVoucher.
1. The Promotion is valid from 4 February 2024, 0000hrs until:
i) 5 February 2024, 1500hrs inclusive of both dates; or
ii) the total number of Vouchers issued under this Promotion cumulatively reaches 1,000
whichever is earlier (the “Promotion Period”).
2. Income is offering up to $138 Vouchers during the Promotion Period subject to this Promotion Terms and Conditions if applicant:
i) have at least 1 active SNACK Insurance Product during Promotion Period;
ii) start the Flash Sale Challenge(s);
iii) Top-up $3,888 or $8,888 to your SNACK Investment using the Single top-up;
iv) Keep the amount invested for a minimum of 1 month (30 calendar days) after Promotion Period.
Please refer to the table below for the respective Vouchers entitled:
TOTAL AMOUNT INVESTED (via Single top-up only) |
TOTAL VOUCHERS ENTITLED (Total value) |
$3,888 | $88 |
$8,888 | $138 |
3. You will be eligible for the Vouchers under this Promotion if:
- you are a Singapore Citizen or Singapore Permanent Resident;
- you are between 18 – 61 years old (inclusive of both years);
- you have at least 1 active SNACK Insurance Product during Promotion Period;
- you have start and completed the respective Flash Sale Challenge(s);
- you have made a top-up of $3,888 or $8,888 to your SNACK Investment using Single top-up during the Promotion Period;
- and keep the amount invested for a minimum 1 month (30 calendar days) after Promotion Period.
4. If you are eligible to receive the Vouchers, you will be fulfilled in the form of e-voucher via your SNACK registered email by 30 June 2024.
5. Each applicant shall only be entitled to the Vouchers once, under this Promotion.
6. The Vouchers is non-exchangeable for cash or benefit in kind.
7. Income reserves the right to replace the Vouchers with items of similar value (“Replacement Item”) at any time without prior notice.
8. Any withdrawal of the SNACK Investment during the 1 month period (30 calendar days) after the Promotion Period will deemed to have forfeited and not be accounted for the Promotion.
9. Usage of the Vouchers 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 Voucher 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 Vouchers by any person.
10. Income is not the manufacturer or merchant of the Vouchers. 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 Vouchers.
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 Vouchers. Neither is the Promotion intended or deemed to be a connection with or use of the brand name of other merchants of the Vouchers, 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 4 February 2024.