Terms & Conditions

1. The terms and conditions set below apply to the Sony Life Financial Advisers Pte. Ltd. (“SLFA”) 2nd Anniversary Campaign (“Campaign”) which runs from 1st Oct 2020 to 31st Dec 2020 (both dates inclusive).
2. Subject to the terms and conditions of the Campaign, customers who purchase any of the Qualifying Plans within the Qualifying Category (set out below) will enjoy the following benefits:

   Qualifying Category	Qualifying Purchase Amt	Benefits
   a) Single Premium (Investment Linked Plans)	i) ≥ $10,000	Enjoy a premium rebate of 0.25% of the Single Premium
   b) Single Premium Plans	i) ≥ $10,000 - $49,999	Enjoy a premium rebate of 0.5% of the Single Premium
   	ii) ≥ $50,000	Enjoy a premium rebate of 1.0% of the Single Premium
   c) Protection Plans	i) ≥ $1,200 Annual Premium	Enjoy 1 month of premium rebate for monthly mode of payment, OR; Enjoy 10% premium rebate on the annual premium for all other modes of payment.
   d) Saving (Endowment) Plans	i) ≥ $1,200 - $3,599 Annual Premium	$50 cash rebate
   	ii) ≥ $3,600 - $9,999 Annual Premium	$100 cash rebate
   	iii) ≥ $10,000 - $19,999 Annual Premium	$200 cash rebate
   	iv) ≥ $20,000 Annual Premium	$300 cash rebate

   Note: Annual Premium refers to the total premiums payable per policy year including the premiums payable for any attaching riders and premium loading (if any).

3. This Campaign is open to customers who purchased a Qualifying Plan under the Qualifying Category as set out in the table above under clause 2(a), 2(b), 2(c) and 2(d).
4. The qualifying criteria for each qualifying plan are as follows:
   • Single Premium Plans
     • (a) ≥ 5 years term
     • (b) Excludes purchases using CPF funds
   • Protection Plans
     • (a) Minimum premium purchase ≥ $1,200 Annual Premium
     • (b) Excludes purchases using CPF funds
   • Saving (Endowment) Plans
     • (a) Minimum premium purchase ≥ $1,200 Annual Premium
     • (b) Excludes purchases using CPF funds
5. List of qualifying products is attached in Annex 1 - List of Qualifying Plans
6. Products excluded from the 2nd Anniversary Campaign are as follows:
   • All H&S products
   • Products purchased using CPF funds
7. To enjoy the Benefits, all purchases must fulfil the following criteria:
   • Application must be submitted between 1st Oct to 31st Dec 2020,
   • Policy must be issued by 30th Jan 2021.
8. Each qualifying plan is eligible for the benefit corresponding to the benefits for that Qualifying Plan. For the avoidance of doubt, premiums cannot be combined across multiple Qualifying Plans. In the event that the premium or cash rebate is applied more than once for any Qualifying Plan, SLFA reserves the right to recover the full value of any additional premium or cash rebate(s) from the customer.
9. SLFA will credit the premium or cash rebate to customer based on the policy issuance date as set out in the table below, provided that the policy is in-force as of the date of remittance.

   Policies issued on month of	Remittance and/or Sending Date
   October 2020	By end of Dec 2020
   November 2020	By end of Jan 2021
   December 2020	By end of Feb 2021
   January 2021	By end of Mar 2021

10. The premium or cash rebate will be credited into the policyholder’s PayNow account, registered with a Singapore Identification Number (NRIC) or Foreign Identification Number (FIN).
11. For customers without a valid PayNow account, the payment will be remitted to the policyholder’s bank account. The customer must provide an original copy of the most recent bank statement or bank book for verification purpose, SLFA will retain a photocopy of the statement or bank book.
12. The customer will be notified of the remittance by way of either a SMS (the preferred option), email or post (for those without email account). SLFA will not be responsible for any non-receipt of the notification should there be a change of contact number, email address or mailing address of the customer.
13. Proof of credit into PayNow or remittance to the bank account posting shall be deemed as conclusive evidence of remittance.
14. SLFA shall not be responsible for any loss of bank interest for any delay of remittance.
15. The premium or cash rebate is not transferable nor assignable in part or in whole.
16. The Campaign is solely organised for purchases made under the SLFA brand name. Participating in the Campaign will not preclude customers from enjoying other offers, bundles or promotions offered separately by the insurers during the Campaign Period unless specifically stated.
17. If the customer:
    • Cancels or surrenders the Qualifying Plan, or the Qualifying Plan lapse(s);
    • Replaces the Qualifying Plan; or
    • Downgrades the plan type and/or deals with the Qualifying Plan in any way which reduces the total premium payable;
18. within twelve (12) months from the date of issue of the Qualifying Plan, the customer shall return the value of the premium or cash rebate to SLFA. This shall include downgrading, cancellation or termination initiated by the insurer.
19. SLFA reserves the right to all legal recourse and/or compensation for the recovery of premium or cash rebate from customer if policy is downgraded, cancelled or terminated within 12 months from date of issue of the Qualifying Plan.
20. Staff purchases are excluded from participating in the campaign.
21. SLFA reserves the right to vary the terms and conditions or withdraw the Campaign or any products from the Campaign at any time without prior notice. The decision of SLFA on all matters relating to this Campaign shall be final and binding on all customers.
22. By participating in the Campaign, the customer agrees and consents to SLFA and its related corporations (collectively, the “Companies”), as well as their respective representatives, agents, authorised service providers and relevant third parties, collecting, using and/or disclosing personal data, for purposes reasonably required by the Companies to administer the Campaign and such other purposes as described in SLFA Privacy Statement which is accessible from SLFA website, which the customer confirmed, have read and understood.
23. SLFA reserves the right to use the Campaign for its marketing, promotional and advertising purposes. These shall include all forms of social media, video, news media or any publicity media channel as SLFA deems fit. By participating in the campaign, the customer is deemed to have given consent to SLFA to use his/her personal information, testimony, photographs or videos for such purposes.
24. The terms and conditions of this Campaign shall be governed by and interpreted in accordance with Singapore law. The courts of Singapore shall have exclusive jurisdiction over any disputes arising from the terms and conditions, including the validity and enforceability thereof.
25. All information is correct as at 1st October 2020.