Terms and Conditions Governing the OCBC Bonus
Transcription
Terms and Conditions Governing the OCBC Bonus
Terms and Conditions Governing the OCBC Bonus Draw 1. The “OCBC Bonus Draw” (the “Lucky Draw”) is open to persons who have become policy owners of a Great Eastern Life or Overseas Assurance Corporation Regular Premium Endowment Plan and/or Protection Plan, incepted between 26 January 2015 and 28 February 2015, and the policy remains inforce for one year from the policy inception date. 2. To qualify for the Lucky Draw, customers must sign up for: Endowment Plans with a minimum annual premium of S$8,000. Endowment plans include MaxGrowth Enhanced, MaxGrowth Plus, MaxWealth Premier 2, MaxEdu Choice, MaxRetirement, and PrimeGold Advantage. 1 Lucky Draw chance will be given for every S$1,000 in annual premiums. Protection Plans with a minimum annual premium of S$1,000. Protection plans include MaxFamily Cover, MaxFamily Protector, MaxLife Protector 2, MaxTerm Enhanced, MaxTerm Enhanced (Critical Illness), Mortgage Protector, and Mortgage Protector Advantage. 3 Lucky Draw chances will be given for every S$1,000 in annual premiums. 3. Receive double Lucky Draw chances when a customer signs up for both an Endowment Plan and a Protection Plan based on the above qualifying criteria. For example, if a customer signs up for an Endowment plan with an annual premium of S$8,000 (8 Lucky Draw chances) and a Protection plan with an annual premium of S$1,000 (3 Lucky Draw chances). He will enjoy 22 Lucky Draw chances. 4. Only policies on annual premium payment mode will be entitled for this Lucky Draw. 5. The prizes of the Lucky Draw are redeemable at Chan Brothers MICE & Travel PTE LTD. 6. The Lucky Draw will be conducted on 25 March 2015. All winners will be notified by post (the “Notification Letter”). Vouchers for the prizes are to be collected by the winners in person with the original Notification Letter and original NRIC or passport. All prizes must be collected by 25 May 2015. No late collection will be entertained. All prizes are non-transferable and non-exchangeable for cash. Voucher conditions apply for redemption of the prize. 7. OCBC Bank reserves all rights to “OCBC Bonus Draw”, including replacement of any prizes of similar or equivalent value without prior notice. 8. OCBC Bank shall not at any time be responsible or held liable for any defect or malfunction in any gift, and/or for any loss, injury, damage or harm suffered or incurred by or in connection with any prize. 9. OCBC Bank reserves the right to the decision regarding the award of the prizes and such decision shall be final. OCBC Bank reserves the right to waive/vary/amend any of these terms and conditions without notice. Important notice Insurance policies will be underwritten by The Great Eastern Life Assurance Company or The Overseas Assurance Corporation Limited, each a wholly-owned subsidiary of Great Eastern Holdings Limited and a member of the OCBC Group, and are not bank deposits or obligations of, or guaranteed by OCBC Bank. Max is a registered trademark of The Overseas Assurance Corporation Limited. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid. You may wish to seek advice from a financial adviser before making a commitment to purchase a life policy. In the event that you choose not to seek advice from a financial adviser, you should consider whether the life policy in question is suitable for you. The specific terms and conditions of the plan are set out in the policy documents. A person interested in the insurance policies should read the product summary and benefit illustration (available from OCBC Bank) before deciding whether to buy this product. The insurance plans are 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 us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg). 012015