📢Early access for Income customers! Enjoy complimentary $50,000 LUV Term Life Insurance for 1 year.

1. NTUC Income Insurance Co-operative Limited (“Income”) offers a one-year complimentary cover for LUV Basic cover with a sum assured of $50,000 (the “Complimentary Cover”) to the first 50,000 National Trades Union Congress (“NTUC”) members who successfully sign up for any new LUV Basic cover (the “Qualifying Policy”) in accordance to the terms and conditions set out here, during the Promotion Period (as defined in Clause 2 below) via:
   • LUV promotion online sign up page at https://income.com.sg/applyforluv; or
   • Income advisers; or
   • Any Income branches; or
   • The product hotline 6332 1133
2. This Promotion is valid from 21 May 2020 to 7 June 2020 (“Promotion Period”), inclusive of both dates.
3. Each NTUC member shall only be eligible for a one-time Complimentary Cover under this Promotion for one Qualifying Policy only. The NTUC member may, in addition to the Qualifying Policy, apply for additional LUV Basic or LUV Deluxe Plan (the “LUV Policy”) via LUV online application or by submitting the hardcopy LUV application form to Income, subject to a maximum total sum assured of $200,000 for all such LUV policies (including the Qualifying Policy) cumulatively. Premium will be payable in accordance to the terms of the applicant’s policy for any additional LUV Policy issued to the applicant.
4. To be eligible for the Complimentary Cover;
   • the application and GIRO application form, including all relevant information required by Income, for the Qualifying Policy must be submitted to and received by Income within the Promotion Period;
   • the application must be approved by Income and the Qualifying Policy must not be issued later than 30 June 2021;
   • the application for the Qualifying Policy must be one of the first 50,000 applications approved by Income under this Promotion;
   • the sum assured of the Qualifying Policy must be $50,000; and
   • the applicant shall consent to Income collecting, using and disclosing his/her personal data (including any update that the applicant has given to Income) to contact the applicant for the purpose of providing marketing and promotional information relating to products and/or services offered and/or distributed by Income via call, Text Messages/SMS, Postal Mail, Email, and/or Social Media Account(s).
5. This Promotion is applicable only to new and approved applications of the Qualifying Policy. The Qualifying Policy will be subject to underwriting. For avoidance of doubt, a new application does not include, renewals, change in cover type or plan type (sum assured) of any existing LUV Policy, reinstatement of lapsed LUV Policy, subsequent application made in addition to any existing LUV Policy or subsequent application made after the applicant had terminated the LUV Policy during the 14 days free-look period as set out under the earlier LUV Policy.
6. The one-year complimentary cover is not exchangeable for cash or any benefits-in-kind.
7. The successful applicant issued with the Qualifying Policy will receive a one-year complimentary cover from the start date of the Qualifying Policy. Upon expiry of the Complimentary Cover, premium will be payable for any period of insurance under the policy after the Complimentary Cover, in accordance to the terms of the applicant’s policy.   
8. The applicant may withdraw his/her consent given to Income by contacting Income Contact Centre at 6788 1777 or emailing to consentwithdrawal@income.com.sg. However, if the applicant withdraws the marketing consent stated in item 4(v) above during the period of the Complimentary Cover, the applicant’s Complimentary Cover shall be terminated from the date of the withdrawal of the applicant’s consent. Please also refer to Income’s Privacy Policy available at Income’s website for more information on access, correction and consent withdrawal.
9. This Promotion is not valid in conjunction with other incentives and promotions offered by Income, where applicable, unless otherwise permitted by Income in its sole and absolute discretion.
10. Income and NTUC shall not be liable to any NTUC member, insured member, insured or any party, whether in contract or tort (including negligence) or otherwise, for any liabilities, losses and damages, claims, costs and expenses or for any special or consequential damages or losses in connection with, related to or resulting from this Promotion.
11. Income reserves the right to change the terms and conditions of this Promotion without any prior notice to any party.
12. This Promotion does not affect or change any term and condition of the LUV Policy (including the Qualifying Policy) that is issued to the insured member, or the master policy contract between Income and NTUC.

National Trades Union Congress (“NTUC”) is the policyholder. You can find the usual terms and conditions of LUV plan in the master policy contract issued to NTUC. The cover for LUV plan will automatically end upon the termination of the master policy by either Income or NTUC. All our products are developed to benefit our customers but not all may be suitable for your specific needs. If you are unsure if this plan is suitable for you, we strongly encourage you to speak to a qualified insurance adviser. Otherwise, you may end up buying a plan that does not meet your expectations or needs. As a result, you may not be able to afford the premiums or get the insurance protection you want. This plan does not have any cash value.

LUV is underwritten and issued by Income.

Protected up to specified limits by SDIC.

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

Information is correct as of 21 May 2020.