This email is being distributed for general information only and it does not constitute an offer, recommendation, solicitation of an offer to enter into any transaction, including to buy or sell an insurance product or service. It is also not intended to provide any insurance or financial advice. This email has not been prepared for any particular person or class of persons and it has been prepared without regard to the specific investment or insurance objectives, financial situation or particular needs of any person. You should seek advice from a licensed or an exempt financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase any product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.
This email describes the insurance products and services provided by certain insurer(s) in alliance with Standard Chartered Bank (Singapore) Limited (“SCBSL”). This email does not constitute a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy, which will be sent to you upon the acceptance of your application by the respective insurer(s). All insurance products described in this email are products of and underwritten by the respective insurer(s) and not SCBSL. In facilitating insurance arrangements or in referring customers to the respective insurer(s), SCBSL is acting as a distributor in alliance with the respective insurer(s) and not as an agent for customers. SCBSL shall not be liable in any manner whatsoever regarding your application or the contract of insurance.
Additionally, in relation to life insurance, buying a life insurance policy is a long-term commitment. An early termination of the life policy usually involves high cost 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. If, after purchasing the policy, you decide that the policy is not suitable for you, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense incurred by them in underwriting the policy.
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 the respective insurers or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).
You are receiving this email, exclusive to staff of the Standard Chartered Group in Singapore, to be kept informed of the Bank’s activities and promotions.