Terms and Conditions of More Than Smiles Promotion (“Promotion”)

 

A. Promotion Details

  1. Definitions:
    1. “Prudential” means Prudential Assurance Company Singapore (Pte) Limited.

    2. “Eligible Customers” means customers whose proposal was incepted during the Promotion Period and accepted by Prudential. New and existing customers of Prudential are eligible to participate in this Promotion.

    3. “Promotion Period” means the period between 18th November 2017 and 31st December 2017 (both dates inclusive).

    4. “Eligible Insurance Savings Plan” means any of the savings products with a minimum premium amount as stated in the Promotion Table (“Minimum Annualised Premium Amount”):

    5. "Eligible Insurance Single Premium Plan" means PRUgolden retirement premier with a minimum single premium amount stated in the Promotion Table ("Minimum Single Premium Amount")

    6. “Eligible Insurance Protection Plan” means any of the protection products with a minimum premium amount as stated in the Promotion Table (“Minimum Annualised Premium Amount”):

    7. “Shopping Vouchers” means shopping vouchers amounting to S$50, S$80, S$300, S$600 or S$800.

      Promotion Table:

      Protection Plans

      Eligible Insurance Protection PlansMinimum Annualised Premium Amount*Amount of Shopping Vouchers
      PRUlife multiplier flex  S$4,000 – S$5,999 S$300
      >=S$6,000 S$600
      PRUlady >=S$650 S$80
      PRUman >=S$400 S$50
      PRULife Vantage Achiever II 6 Pay (SGD) >=S$25,000 S$800
      PRULife Vantage Achiever II 6 Pay (USD) >=US$25,000 S$800


      Savings Plans

      Eligible Insurance Savings PlansMinimum Annualised Premium Amount*Amount of Shopping Vouchers
      With Supplementary BenefitsWithout Supplementary Benefits
      PRUwealth (SGD) 10 Pay S$5,000 S$8,000 S$300
      PRUwealth (SGD) 20 Pay
      PRUflexicash
      PRUgolden retirement S$8,000 S$12,000 S$800 
      PRUlifetime income 10 Pay
      PRUlifetime income 20 Pay
      PRUadvance saver S$12,000 S$15,000
      PRUwealth (USD) - 10 Pay US$25,000

       

      Eligible Insurance Single Premium PlanMinimum Single Premium AmountAmount of Shopping Vouchers
      PRUgolden retirement premier S$150,000 S$800

       

      The Minimum Annualised Premium Amount is defined as the total premium due in a year for the policy and supplementary benefit(s) if the mode of premium payment is not on an annual basis. The conversion of USD1 is fixed at SGD1.40 in calculating the Minimum Annualised Premium Amount for PRULife Vantage Achiever II 6 Pay (USD) and PRUwealth (USD).


  2. Any Eligible Insurance Plans incepted during the Promotion Period will, provided that the proposal is accepted by Prudential and the Eligible Insurance Plan is incepted on or before 31st December 2017 receive a Gift in accordance with the terms and conditions of this Promotion.

  3. This Promotion is valid for all premium payment modes (monthly, quarterly, bi-annual and annual). For PRUprestige Customers to enjoy their PRUprestige discount, premiums have to be paid annually.

  4. Each Eligible Customer will be entitled to a maximum of one (1) Gift per life assured per Eligible Insurance Plan.

  5. Prudential will issue a SMS and/or Email (“Redemption Notification”) to each Eligible Customer provided that the Eligible Customer’s Eligible Insurance Plans purchased during the Promotion Period are in force as at the date of the Redemption Notification. Eligible Customers shall be solely responsible for ensuring that they provide Prudential with a valid phone number or email address for the purpose of redemption. Redemption of Gift will commence three (3) months after the policy is incepted. Gift must be redeemed within two (2) months from the date of Redemption Notification. If an Eligible Customer fails to claim his/her Gift within the stipulated redemption period in the Redemption Notification, his/her Gift will be forfeited and the Eligible Customer shall not have any claim against Prudential for such forfeiture. Further details of the redemption procedures will be set out in the Redemption Notification.

  6. By participating in the Promotion, each Eligible Customer is deemed to have accepted and agreed to be bound by these Terms and Conditions and any other instructions, terms and conditions that Prudential may issue from time to time.

  7. Other Terms and Conditions to both the Promotion and Lucky Draw as stipulated below shall apply to this Promotion in addition to the foregoing terms and conditions.

 

Terms and Conditions of More Than Smiles Draw (The “Lucky Draw”)

 

A. Lucky Draw Details

  1. Definitions:
    1. “Prudential” means Prudential Assurance Company Singapore (Pte) Limited.

    2. “Eligible Customer” means both new and existing Prudential customer, who has a valid Singapore residential address and telephone or mobile number in Prudential’s records and has purchased an Eligible Insurance Plan and/or Eligible Insurance Protection Plan during the Lucky Draw Qualifying Period and there is no cancellation of policies within the fourteen (14) day free-look period.

    3. “Lucky Draw Qualifying Period” means the period between 1st October 2017 and 31st December 2017 (both dates inclusive).

    4. “Eligible Insurance Protection Plan” means any of the following Basic Plans that are on annual premium payment mode:

      Basic Plans
      PRUeasy term PRUlady PRUman PRUpersonal accident
      PRUTerm Vantage (SGD) PRUTerm Vantage (USD) PRUlink enhanced protector PRUlife
      PRUlife limited pay PRUfirst gift PRUterm ascend PRUterm total refund
      PRUterm plus advantage PRUmortgage PRUmortgage refund premier PRUmultiple crisis cover
      PRUearly stage crisis cover PRUcover total refund PRUearly stage disability PRUfracture care
      PRUlife multiplier flex PRULife Vantage Achiever II (SGD) PRULife Vantage Achiever II (USD) PRULife Vantage  Premier (SGD)
      PRULife Vantage  Premier (USD) PRUCrisis Cover Vantage

      PRULife Vantage Achiever II 6 Pay (USD) 

      PRULife Vantage Premier 6 Pay (SGD) 



    5. “Eligible Insurance Plan”means all other Prudential products that are on annual premium payment mode. Plans where premiums that are funded by CPF savings are excluded.

  2. Eligibility
    1. This Lucky Draw is open to all Eligible Customers.

    2. The following categories of persons are not eligible to participate in the Lucky Draw: employees and financial consultants/representatives of Prudential, suppliers of the Prize(s), and any other company professionally connected to the Lucky Draw.

  3. Lucky Draw Mechanisms
    1. Prudential shall conduct three (3) lucky draws over three (3) qualifying periods, the dates of which are set out below:

      Lucky Draw Qualifying Period Lucky Draw Date Number of winner(s)
      Submission and Inception 1 October 2017 – 31 October 2017 29 November 2017
      “Monthly Draw 1”
      30
      1 October 2017 – 30 November 2017 27 December 2017
      “Monthly Draw 2”
      1
      1 October 2017 – 31 December 2017 31 January 2018
      “Monthly Draw 3”
      35


    2. Eligible Customer has to satisfy the following during the Lucky Draw Qualifying Period in order to stand a chance to win the Prize(s) (as defined in Clause 5):

       

      With purchase of Eligible Insurance Plans on annual premium payment mode

      With purchase of Eligible Insurance Protection Plans on annual premium payment mode

      Triple your chances^
      for purchases made
      between 1 October 2017 to 30 November 2017.

      Number of Lucky Draw chances with every S$200 Annualised Premiums* 1 chance 10 chances

       

      Annualised premium is defined as the total premium due in a year for the policy and supplementary benefit(s). Single premium products’ annualised premiums are calculated as 10% of total premiums paid.
      ^  The triple chances are only applicable for Eligible Insurance Plans and/or Eligible Insurance Protection Plans submitted and incepted during the period from 1st October 2017 to 30th November 2017.


    3. This Lucky Draw is only applicable for purchase of Eligible Insurance Plans and/or Eligible Insurance Protection Plans which are on annual premium payment modes.

    4. The number of chances for the Lucky Draw is determined on a per policy basis.

    5. Annualised premiums will be round down for purpose of calculating the number of chances for the Lucky Draw.

    6. Lucky Draw chances are accumulative throughout the Lucky Draw Qualifying Period. There are no limits to the number of chances Eligible Customers may earn during the Lucky Draw Qualifying Period. Eligible Customers who did not win in the monthly draw(s) can retain their accumulated chance(s) for the subsequent draw(s).

  4. Conduct of Lucky Draw
    1. The Lucky Draw will be conducted at 7 Straits View, #06-01 Marina One East Tower, Singapore 018936 (or such another venue, date as may be determined at Prudential’s discretion.)

    2. A total of sixty-six (66) winners (each a “Winner”) will be drawn at random by an audited lucky draw system. The Lucky Draw will be conducted in the presence of and be witnessed and audited by an employee of Prudential together with an external auditor. The number of winners for each Lucky Draw Qualifying Period is set out in Clause 3a.

  5. Prize(s)
    1. Each Winner will be eligible to win a prize (“Prize”). Prizes for the Lucky Draw are as follows:

      Lucky Draw Description of Prizes Number of
      winner(s)
      Monthly Draw 1 Singapore Airline tickets to any destination worth $5,000 30
      Monthly Draw 2 All-New Volvo XC60 Luxury SUV ("Car Prize") 1
      Monthly Draw 3 EpiCentre vouchers worth S$1,500 35


    2. There will only be one Car Prize to be given away. The Car Prize is inclusive of GST, but exclusive of Certificate of Entitlement (COE), Additional Registration Fee (ARF), Excise Duty, Road Tax, Number Plates, Radio License, Insurance and In-Vehicle Unit. Car colour is subject to availability. Specifications may vary from picture shown.

    3. The Prizes are non-transferable, non-refundable and non-exchangeable for cash, credit, goods or benefits in kind.

    4. The Car Prize must be claimed within two (2) weeks and registered within two (2) months after the Lucky Draw. Wearnes Automotive Pte. Ltd. will be the sole party facilitating the registration of the car for the Winner. If the Winner chooses not to register the car, the Winner may only sell it to Wearnes Automotive Pte. Ltd at a reasonable price as may be determined by Wearnes Automotive Pte. Ltd.

    5. The Prizes must be redeemed no later than 30th April 2018, unless stated otherwise. If a Winner fails to claim his/her Prize within the time frame, his/her Prize will be forfeited and the Winner shall not have any claim against Prudential for such forfeiture. Prudential reserves the right to deal with the unclaimed Prize(s) in its sole discretion including donating the same to a charity of Prudential’s choice, where applicable.

  6. Prize Redemption/Collection
    1. The Winners of the Lucky Draw will be notified via SMSes and in writing by ordinary post based on their mailing address indicated for their policy ten (10) working days after the Lucky Draw has been conducted.


B. General Terms and Conditions for the Lucky Draw

  1. In case of any misconduct, fraud or abuse committed by an Eligible Customer, Prudential reserves the right to disqualify the Eligible Customer from the Lucky Draw. Prudential also reserves the right to disqualify any Eligible Customer without having to enter into any correspondences on their decisions.

  2. If Prudential subsequently discovers or determines in its absolute discretion that an Eligible Customer is not entitled to or is disqualified to participate in the Lucky Draw or is unable to adhere to the terms and conditions in relation to this Lucky Draw, Prudential shall, at its sole discretion, decide on the following: (i) forfeit the prize; and/or (ii) re-claim the prize from the Winner and select another qualifying Eligible Customer.

  3. Prudential will endeavour to hold the Lucky Draw on and at the advertised date, time and venue and by the mode (manually or electronically) as advertised, but reserves the right, in its sole and absolute discretion, to conduct the Lucky Draw by another mode in such circumstances as Prudential may deem appropriate.

  4. Acceptance of Prize shall constitute a release and discharge of Prudential by each Winner from any liability, claims, demands, causes of action, and/or damages which the Eligible Customer may have, whether known or unknown at the present time, of any nature whatsoever, arising out of or relating to: (i) the Lucky Draw, (ii) personal injury and/or property damage, theft, loss or death suffered by the Winner as a result of the redemption, use and/or enjoyment of the Prize, and/or (iii) any tax liabilities in relation to the Lucky Draw, Prize and/or use of enjoyment of the same.

  5. Prudential reserves the right to disclose and publish the name, and such other particulars (including photograph) of any Winner in such mode and manner as Prudential may in its sole discretion deem appropriate for publicity purposes and the Winner agrees to be photographed, the disclosure of his/her personal particulars, the use of his/her name, picture, image and voice for publicity purposes connected with the Lucky Draw and to co-operate with and participate in the activities organized by Prudential for this purpose without additional compensation.

  6. By participating in the Lucky Draw, i.e. by meeting the eligibility requirements, each Eligible Customer is deemed to have accepted and agreed to be bound by these Terms and Conditions and any other instructions, terms and conditions that Prudential may issue from time to time. In the event the Eligible Customer does not agree to these terms and conditions, he/she should opt out by responding to the SMS notification sent by Prudential to all Eligible Customers after the end of the lucky draw qualifying period.

  7. Other Terms and Conditions to both the Promotion and Lucky Draw as stipulated below shall apply to this Lucky Draw in addition to the foregoing terms and conditions.

 
Other Terms and Conditions applicable to both the Promotion and Lucky Draw

  1. Prudential assumes no responsibility for incomplete, lost, late, damaged, illegible or misdirected forms or email communication, for technical hardware or software failures of any kind, lost or unavailable network connections, or failed incomplete, garbled or delayed electronic transmission which may limit an Eligible Customer’s ability to participate in the Promotion and Lucky Draw.

  2. Prudential has the sole and absolute discretion to exclude any Eligible Customers from participating in the Promotion and Lucky Draw without any obligation to furnish notice and/or reason.

  3. Prudential reserves the right to disqualify or disregard any Eligible Customer who does not comply with the Terms and Conditions.

  4. Prudential may at its discretion forfeit the Gift/Prize, or, if already awarded, reclaim the Gift/Prize at the expense of the Eligible Customer/Winner without payment, compensation, or having to give any reason whatsoever in the event Prudential subsequently discovers that the Eligible Customer/Winner is not eligible to participate in the Promotion and Lucky Draw and/or to receive the Gift/Prize.

  5. Gifts/Prizes are subject to availability while stocks last. Prudential reserves the right to replace any Gift/Prize with items of similar value at any time without prior notice.

  6. Prudential shall not be liable for any loss of, damage to, defects, delay, mis-delivery or non-delivery of the Gift/Prize.

  7. Prudential reserves the right to deal with any unclaimed Gift/Prize in any manner it deems fit. Prudential reserves the right to request for the Eligible Customers’/Winners’ proof of eligibility, identity and/or otherwise for the purposes of verifying the Eligible Customers’/Winner’s claim to the Gift(s)/Prize(s) at the time of gift/prize collection.  Prudential is under no obligation whatsoever to disclose the identity of the Eligible Customers/Winners or to publish the same for any reason at any point of time.

  8. The Gift/Prize is not exchangeable for cash, credit or any other items of equivalent value. The validity period of the Gift/Prize is non-extendable.  Prudential will be under no obligation to replace or pay to Eligible Customer/Winner the value of any Gift(s)/Prize(s) that are not utilised by the Eligible Customers/Winners before the end of the validity period of the Gift(s)/Prize(s) as may be stipulated by Prudential and/or relevant merchants.

  9. The Promotion and Lucky Draw is not valid in conjunction with other promotions carried out by Prudential, unless stated otherwise.

  10. By participating in this Promotion and Lucky Draw, each Eligible Customer agrees and consents under the Personal Data Protection Act (Cap 26 of 2012) to the collection, use and disclosure of any and all personal data of the Eligible Customer by/to Prudential, advertising and promotional agencies of the Promotion and Lucky Draw, appointed vendor who manages the fulfillment and redemption of Gift(s)/Prize(s), and such other third party, in Prudential’s absolute discretion, consider appropriate or necessary in connection with the Promotion and Lucky Draw and redemption of Gift(s)/Prize(s).

  11. If an Eligible Customer provides Prudential with personal data of any third party, that Eligible Customer hereby:

    1. Agrees on behalf of that third party to be bound by the Terms and Conditions contained herein; and
    2. Consents on behalf of that third party, to Prudential’s collection, use, disclosure and processing of his/her personal data in accordance with the Terms and Conditions contained herein.

    The Eligible Customer warrants that he/she has obtained the said third party’s prior consent to such collection, use, disclosure and processing of his/her personal data by Prudential and that the personal data that the Eligible Customer provides to Prudential is true, accurate and complete.

  12. Prudential shall not be liable for any third party’s misuse of the Eligible Customer‘s submitted information and photograph as a result of the Eligible Customer taking part in the Promotion and Lucky Draw.

  13. Unless prohibited by law, participation in the Promotion and Lucky Draw constitutes permission for Prudential, its advertising and promotional agencies to use any of the Eligible Customers’ names, and/or likeness for advertising and promotional purposes. Each Eligible Customer further agrees and acknowledges that the copyright and all other intellectual property rights in and to all photographs or audio-video or other recordings of the Eligible Customer taken or made in connection with the Promotion and Lucky Draw shall vest solely and absolutely in Prudential without any compensation to the Eligible Customer.

  14. Prudential may at any time at its absolute discretion, without prior notice or assigning any reason thereof or being liable to any person, (i) suspend, cancel or terminate the Promotion and Lucky Draw, or (ii) delete, vary, supplement, amend, modify any one or more of the terms and conditions of the Promotion and Lucky Draw. Prudential’s determination of all matters in connection with the Promotion and Lucky Draw and the Gift/Prize shall be final, binding and conclusive.  Prudential is not obliged to give any reason or prior notice on any matter concerning the Promotion and Lucky Draw or the Gift/Prize.  No appeal, correspondence or claims will be entertained.  Prudential has the right and discretion to determine whether a party has met the requirements of the Promotion and Lucky Draw and/or to receive the Gift/Prize.  Eligible Customers shall not be entitled to any damages or compensation whatsoever or howsoever arising as a result of such amendment, suspension or termination.

  15. By participating in the Promotion and Lucky Draw, all Eligible Customers agree and undertake to, at all times, indemnify, keep indemnified, and hold Prudential, its employees and agents harmless against all losses (including direct, indirect, incidental and/or consequential losses), damages (including general, special, and/or punitive damages), demands, injuries (other than personal injury caused by Prudential’s negligence), claims, costs, penalties, interest and fees (including all legal fees as between solicitor and client or otherwise on a full indemnity basis whether or not incurred in respect of any real, anticipated, or threatened legal proceedings), howsoever caused by, arising or resulting from, whether directly or indirectly, their participation in the Promotion and Lucky Draw, acceptance or usage of any Gift/Prize, and/or any breach or purported breach of these Terms and Conditions and/or any applicable law.

  16. Prudential makes no warranty or representation as to the quality, merchantability or fitness for purpose of the merchants’ goods and services in respect of the Gift(s)/Prize(s). Any dispute about the same must be resolved directly with the merchant.  Merchant terms and conditions apply.

  17. In the event of any inconsistency or discrepancy between the Terms and Conditions and the contents of any brochure, marketing and/or promotional materials relating to the Promotion and Lucky Draw, these Terms and Conditions shall prevail.

  18. Any trademarks, graphic symbols, logos or intellectual property contained in any materials used in connection with this Promotion and Lucky Draw, in particular the Gift(s)/Prize(s), are the property of their respective owners. Prudential is not affiliated with, or endorsed or sponsored by, such owners and their relevant affiliates.

  19. Failure by Prudential to exercise any of its right or remedy under these Terms and Conditions does not constitute a waiver of that right or remedy.

  20. The Terms and Conditions shall be governed by Singapore law and the Eligible Customers agree to submit to the exclusive jurisdiction of the courts of Singapore.

  21. A person who is not a party to any agreement governed by these terms and conditions shall have no right under the Contracts (Right of Third Parties) Act (Cap 53B) to enforce any of these terms and conditions.


Important Note:

You are recommended to read the product summary and seek advice from a qualified Prudential Financial Consultant for a financial analysis before purchasing a policy suitable to meet your needs. 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 (if any) may be less than the total premiums paid. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Premiums for some of the plans are not guaranteed and may be adjusted based on future claims experience. Investment products are subject to investment risks including the possible loss of the principal amount invested. The value of the units and the income accruing to the units (if any) may fall or rise. Foreign currency policies (e.g. USD) are subject to foreign exchange risk.

The information on this website is for reference only and is not a contract of insurance. Please refer to the exact terms and conditions, specific details and exclusions applicable to these insurance products in the policy documents that can be obtained from your Prudential Financial Consultant. The information contained on this website is intended to be valid in Singapore only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside Singapore.

Information is correct as at 18 November 2017.

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