PRUEasy Rewards

A. Promotion Details

1. Definitions:
   1. “Prudential” means Prudential Assurance Company Singapore (Pte) Limited.
   2. “Promotion Period” means the period between 3 December 2019 and 31 December 2019 (both dates inclusive).
   3. “Eligible Customer” means customers whose proposal for an Eligible Insurance Plan is submitted to and incepted by Prudential during the Promotion Period by satisfying the eligibility criteria below.
   4. “Eligible Insurance Plan” means PRUEasy Rewards.
   5. “Discount” means the first-year premium discount applied to the Eligible Insurance Plan, as stated in the Promotion Table below.
   6. “12.12 Exclusive Deal” means Takashimaya vouchers amounting to S$120 as stated in the Promotion Table below.
   7. “Promotion Table” means the table below.
      
      Promotion Table:
      
      

      Eligible Insurance Plan	First-year premium discount1	12.12 Exclusive Deal
      PRUEasy Rewards	5%	$120 Takashimaya Vouchers

      ¹First-year premium discount will be applied on the premium for the basic policy and supplementary benefit(s).
      
      
2. Eligibility
   1. In order to be eligible for the Discount (as defined in the Promotion Table), the Eligible Customer’s proposal for an Eligible Insurance Plan must be submitted to Prudential and incepted by Prudential during the Promotion Period.
   2. In order to be eligible for the 12.12 Exclusive Deal (as defined in the Promotion Table), the Eligible Customer’s proposal for an Eligible Insurance Plan must be submitted to Prudential between 3 December 2019 and 12 December 2019 (both dates inclusive) and incepted by Prudential by 31 December 2019.
   3. The 12.12 Exclusive Deal is limited to the first 1,000 Eligible Insurance Plans.
   4. This Promotion is valid for all premium payment modes (monthly, quarterly, bi-annual and annual).
      
      
3. Discount
   1. An Eligible Customer is entitled to receive a Discount in accordance with the Promotion table above.
   2. The Discount in this promotion shall be on a ‘per-policy’ basis (subject to the terms and conditions of this Promotion), there shall be no restrictions on the number of Eligible Insurance Plans an Eligible Customer can purchase.
   3. This Promotion is not applicable should the Eligible Insurance Plan be cancelled within the fourteen (14) day free-look period. The premium amount refunded will be based on the premium amount paid by the Eligible Customer.
      
      
4. Promotion Mechanism
   The Discount will be applied automatically upon policy issuance and meeting the eligibility criteria above.
   
   
5. 12.12 Exclusive Deal
   1. An Eligible Customer is entitled to receive a 12.12 Exclusive Deal in accordance with the Promotion table above.
   2. Each Eligible Customer will be entitled to a maximum of one (1) set of 12.12 Exclusive Deal per life assured per Eligible Insurance Plan.
      
      
6. 12.12 Exclusive Deal Redemption
   Prudential will issue a SMS or Email (“Redemption Notification”) to each Eligible Customer three (3) months after the policy is incepted 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. The Eligible Customer agrees and accepts that Prudential will not be responsible for any consequences arising from his/her failure to provide Prudential with a true, complete and accurate phone number or email address and/or notify Prudential of any change(s) to his/her phone number and email address. Redemption of Reward will commence three (3) months after the policy is incepted. Reward must be redeemed within two (2) months from the date of Redemption Notification. If an Eligible Customer fails to claim his/her Reward within the stipulated redemption period in the Redemption Notification, his/her Reward 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.

B. General Terms and Conditions

1. By participating in the Promotion, each Eligible Customer is deemed to have accepted and agreed to be bound by these terms and conditions contained herein and any other instructions, terms and conditions that Prudential may issue from time to time.
   
   
2. 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.
   
   
3. Prudential has the sole and absolute discretion to exclude any Eligible Customer from participating in the Promotion without any obligation to furnish notice and/or reason.
   
   
4. Prudential reserves the right to disqualify or disregard any Eligible Customer who does not comply with the terms and conditions contained herein.
   
   
5. Prudential may at its discretion forfeit the Discount and/or 12.12 Exclusive Deal, or, if already awarded, reclaim the Discount and/or 12.12 Exclusive Deal  at the expense of the Eligible Customer without payment, compensation, or having to give any reason whatsoever in the event Prudential subsequently discovers that the Eligible Customer is not eligible to participate in the Promotion and/or to receive the Discount and/or 12.12 Exclusive Deal.
   
   
6. 12.12 Exclusive Deals are subject to availability while stocks last. Prudential reserves the right to replace any Discount and/or 12.12 Exclusive Deal with items of similar value at any time without prior notice.
   
   
7. Prudential shall not be liable for any loss of, damage to, defects, delay, mis-delivery or non-delivery of the Discount and/or 12.12 Exclusive Deal.
   
   
8. Prudential reserves the right to deal with any unclaimed 12.12 Exclusive Deal in any manner it deems fit. Prudential reserves the right to request for the Eligible Customers’ proof of eligibility, identity and/or otherwise for the purposes of verifying the Eligible Customer’s claim to the Discount and/or 12.12 Exclusive Deal.  Prudential is under no obligation whatsoever to disclose the identity of the Eligible Customers or to publish the same for any reason at any point of time.
   
   
9. The Discount and/or 12.12 Exclusive Deal is not exchangeable for cash, credit or any other items of equivalent value.  The validity period of the Discount and/or 12.12 Exclusive Deal is non-extendable.  Prudential will be under no obligation to replace or pay to Eligible Customers the value of any Discount and/or 12.12 Exclusive Deal that are not utilised by the Eligible Customers before the end of the validity period of the 12.12 Exclusive Deal as may be stipulated by Prudential and/or relevant merchants.
   
   
10. The Promotion is not valid in conjunction with other promotions carried out by Prudential.
    
    
11. By participating in this Promotion, 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 such other third party, in Prudential’s absolute discretion, consider appropriate or necessary in connection with the Promotion and redemption of Discount and/or 12.12 Exclusive Deal.
    
    
12. 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.
    
    
13. 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.
    
    
14. Unless prohibited by law, participation in the Promotion constitutes permission for Prudential, its advertising and promotional agencies to use any of the Eligible Customer’s 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 shall vest solely and absolutely in Prudential without any compensation to the Eligible Customer.
    
    
15. 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, or (ii) delete, vary, supplement, amend, modify any one or more of the terms and conditions of the Promotion.  Prudential’s determination of all matters in connection with the Promotion and the Reward shall be final, binding and conclusive.  Prudential is not obliged to give any reason or prior notice on any matter concerning the Promotion or the Discount and/or 12.12 Exclusive Deal.  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/or to receive the Discount and/or 12.12 Exclusive Deal.  Eligible Customers shall not be entitled to any damages or compensation whatsoever or howsoever arising as a result of such amendment, suspension or termination.
    
    
16. By participating in the Promotion, 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, acceptance or usage of any Discount and/or 12.12 Exclusive Deal, and/or any breach or purported breach of these terms and conditions and/or any applicable law.
    
    
17. 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 12.12 Exclusive Deal.  Any dispute about the same must be resolved directly with the merchant.  Merchant terms and conditions apply.
    
    
18. In the event of any inconsistency or discrepancy between the terms and conditions contained herein and the contents of any brochure, marketing and/or promotional materials relating to the Promotion, the terms and conditions contained herein shall prevail.
    
    
19. Any trademarks, graphic symbols, logos or intellectual property contained in any materials used in connection with this Promotion, in particular the Reward, are the property of their respective owners.  Prudential is not affiliated with, or endorsed or sponsored by, such owners and their relevant affiliates.
    
    
20. Failure by Prudential to exercise any of its right or remedy under the terms and conditions contained herein does not constitute a waiver of that right or remedy.
    
    
21. The terms and conditions contained herein shall be governed by Singapore law and the Eligible Customers agree to submit to the exclusive jurisdiction of the courts of Singapore.
    
    
22. 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.

¹Medical underwriting will be required upon addition of optional benefits like Crisis Waiver III and Early Stage Crisis Waiver.

²The Death benefit will be the higher of: (a) 105% of the total premiums paid up to time of death (excluding premiums for supplementary benefit [if any]) less any bonus surrendered (if any); OR (b) 101% of surrender value, less any amounts owing to us.

³Crisis Waiver III – when attached to PRUEasy Rewards, all future premiums of the covered benefits will be waived upon diagnosis of any 1 of the 35 critical illness conditions.

⁴Early Stage Crisis Waiver – when attached to PRUEasy Rewards, all future premiums of the covered benefits will be waived upon diagnosis of early or intermediate stage conditions.

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.

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

Premiums for some of the supplementary benefits are not guaranteed and may be adjusted based on future claims experience.

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.

These policies 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 your insurer or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

Information is correct as at 3 December 2019.

This advertisement has not been reviewed by the Monetary Authority of Singapore.