In this Terms of Offer the following terms shall have the meaning assigned to them below:
- “Promotion” means the SNACK Insurance Dec2023 Promotion
- “Income” means Income Insurance Limited.
- “SNACK App” means the SNACK BY INCOME online application.
- "SNACK Insurance Product" means any of these SNACK Products - SNACK Accident, SNACK Critical Illness or SNACK Life.
1. Income Insurance Limited (“Income”) is offering the following:
i) $10,000 free insurance coverage (“Free Coverage”) for each of the SNACK Accident/ SNACK-Life/ SNACK-Critical Illness products to the eligible applicant, and
ii) $150 GrabGift Vouchers ("Vouchers");
if the applicant successfully starts any SNACK Insurance Product by linking a Credit/Debit card as an Activity Source to the respective products for the first time via the SNACK App and is eligible for the respective products after completing the underwriting for each product subject to this Terms of Offer.
2. The Promotion is valid from:
-29 December 2023 to 31 December 2023 (inclusive of both dates) ("Promotion Period"); or
-the date the total value of e-voucher issued by Income under this Promotion cumulatively, reaches $150,000, (inclusive of both dates), whichever is earlier (the “Promotion Period”).
3. The applicant (“You”) will be eligible for the Promotion if:
i) you have successfully signed up for an account on the SNACK App;
ii) you are a Singapore Citizen or Singapore Permanent Resident (PR);
iii) you are between 18 – 61 years old (inclusive of both years);
iv) you have successfully started at least 1 SNACK Insurance Product linked your Credit/Debit Card as an Activity Source to SNACK Policy for the first time on the SNACK App during the Promotion Period;
v) you are eligible for the SNACK product(s) after completing the underwriting process;
vi) you have not start any SNACK Insurance Products before; and
vii) you have directly receive a SNACK App push notification or email notification from Income or SNACK regarding this promotion and you are the intended recipient.
4. The Promotion is not valid in conjunction with other incentives and promotions offered by Income.
5. If you are eligble for the Free Coverage, it will be issued to your policy by 29 February 2024.
6. If you are eligible to receive the Voucher, you will be fulfilled in the form of e-voucher via your SNACK registered email by 29 February 2024.
7. Each applicant shall only be entitled to the Free Coverage and Voucher once, under this Promotion.
8. The Voucher is non-exchangeable for cash or benefit in kind.
9. Income reserves the right to replace the Free Coverage and Voucher with items of similar value (“Replacement Item”) at any time without prior notice.
10. The use of the Free Coverage, Voucher or Replacement Item shall be subject to the terms and conditions of the merchant that issued the Free Coverage or Replacement Item.
11. Income shall not be liable to any applicant or party, whether in contract or tort (including negligence) or otherwise, for any liabilities, losses and damages, claims, costs and expenses or for any special or consequential damages or losses in connection with, related to or resulting from the use of the Free Coverage, Voucher or the Replacement Item (if any).
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.
• Protected up to specified limits by SDIC.
Information is correct as at 29 December 2023.
