Yes, you read it right! NTUC Income is giving CapitaVouchers when you sign up for an Enhanced Incomeshield policy with them from now till 31 December 2015.Terms & Conditions
1. Qualifying policies for this Promotion are for the new Enhanced IncomeShield policies (the “Qualifying Policies”).
For avoidance
of doubt, qualifying policies refer only to Enhanced IncomeShield main plans, and not riders.
2. Applications for the
Qualifying Policies must be submitted and received
by NTUC
Income from
10 May 2015 to 31 December 2015 (inclusive of both dates) (the
“Promotion Period”) and, if the applications are approved, the policies
must be issued not later than 29 February 2016 for
the customer to be eligible
fo the Promotion.
3. A customer who successfully signs
up for a Qualifying Policy will
be entitled to CapitaVoucher. The voucher amount depends
on the age of the insured
and the type of Qualifying Policy, as
well as, the net annual
premium amount of the main plan in the first year. The
net annual premium refers to
the premium (including GST) payable after any premium discount and MediShield Life premium subsidies/ rebates. The CapitaVoucher amount will depend
on the amount of the net annual
premium, rounded up to $5.
4. Customers are entitled to receive the vouchers only once upon the issuance of
the “Qualifying Policies”. Subsequent upgrade in plan, even if made during the Promotion Period, for such policies
will not entitle
the customers to any additional vouchers. For avoidance of doubt, customers with any IncomeShield
plan issued before the Promotion Period
whom subsequently upgrade their plan
during
the Promotion Period will not be entitled to any vouchers under this Promotion.
5. The first year premium for the Qualifying Policies must
be
paid and received by NTUC Income during the Promotion Period for a customer
to be eligible for this Promotion.
6. NTUC Income reserves
the right to demand
from the customer the full
value of the vouchers for Qualifying Policies which are issued but terminated
or lapsed within
6 months from the policy
issue date or cancelled during the free-look period by the customer and the customer
shall
immediately pay NTUC
Income such amount
demanded.
7. The vouchers must be collected within 1
month from the date of the redemption letter. The redemption letter will be mailed to customers at their registered address with NTUC Income. The vouchers are not exchangeable
for cash or any benefits-in-kind.
8. NTUC Income reserves the right to replace the vouchers with
items of similar value or change the terms and conditions for this Promotion at any time without prior notice to the customer.
9. This Promotion does not affect or change
any term of the policy contract for the Qualifying Policies
and is not valid in conjunction
with other incentives and promotions offered
by NTUC
Income. NTUC Income’s decision on all matters relating to this Promotion (including the issuance of
the vouchers) shall
be final, conclusive
and binding. No appeal
will be entertained.
10.Under no circumstance shall NTUC Income be liable to any customer
or party,
whether in contract
or tort (including negligence) or otherwise, for any liabilities, losses and damages, claims, costs
and expenses (including any special
or consequential damages or losses) in connection
with, related
to or resulting
from this Promotion, the vouchers and/or use of the vouchers.
11.Usage
of the vouchers is subject
to terms and conditions imposed by CapitaLand Mall Asia Limited.
12.No joint venture, sponsorship, tie up, agency or any other relationship
is intended or created
between NTUC Income, CapitaLand Mall
Asia Limited, hamper supplier, or manufacturer/merchant of
any replacement item(s). Neither
is this Promotion intended or deemed to be a connection with or use of the brand name of CapitaLand Mall Asia Limited, hamper supplier
or replacement item(s).