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Terms and Conditions For Allianz International Health SCB Staff Promotion

  1. This Allianz International Health Promotion (“Promotion”) is organised by Allianz Global Corporate & Specialty SE Singapore Branch (“Allianz”) and Standard Chartered Bank (Singapore) Limited (“SCBSL”).
  2. The Promotion is valid from 22 May 2019 to 8 January 2020, both dates inclusive (“Promotion Period”). Allianz International Health is underwritten by Allianz and distributed by SCBSL.
  3. By participating in the Promotion, you hereby agree to be bound by these terms and conditions.
  4. Only employees of Standard Chartered entities based in Singapore are eligible for this Promotion (“Eligible Employee”).
  5. An Eligible Employee who successfully purchases Allianz International Health via SCBSL during the Promotion Period will be entitled to
    1. 16% discount off your first year’s premium on the Policy (“Promotional Discount”); and
    2. Allianz Travel Protect Single Trip travel insurance e-Vouchers, each for a 10-days individual silver plan within the Asia Pacific region, worth a total of S$106 (the “Gift”).
  6. The 16% premium discount is only applicable for International Health policies issued by Allianz during the Promotion Period.
  7. You will be required to pay the full premium upfront at point of application and Allianz will refund the discounted amount via bank transfer to the same account used to pay the premium of the policy. The refund will be made within 60 days of issuance of the policy.
  8. All updates regarding the refund will be communicated to you by Allianz via post at your mailing address or email address provided during your application. Please inform Allianz through Allianz’s local support team at +65 6297 2529 from Mondays to Fridays (excluding Public Holidays) from 9am to 5pm or email Allianz at InternationalHealth@allianz.com should there be any changes in your mailing address, email or other personal particulars.
  9. If you do not receive the refund within 60 days of the issuance of the policy, please call Allianz through their local support team at +65 6297 2529 from Mondays to Fridays (excluding Public Holidays) from 9am to 5pm or email Allianz at InternationalHealth@allianz.com.
  10. This Promotion is applicable to new applications only during the Promotion Period and not valid or in conjunction with any other promotions, discounts, vouchers, rebates, privileges or offers.
  11. In the event of any inconsistency between these Promotion terms and conditions and any brochures, marketing or promotional materials relating to the Promotion, these Promotion terms and conditions shall prevail.
  12. These terms and conditions shall be governed by and construed in accordance with the laws of Singapore. The courts of Singapore shall have exclusive jurisdiction over any disputes arising from these terms and conditions, including the validity and enforceability thereof.

All insurance products described in these terms and conditions are underwritten by Allianz Global Corporate & Specialty SE Singapore Branch, and they are not products of, nor are they underwritten by Standard Chartered Bank (Singapore) Limited. In facilitating insurance arrangements or in referring customers to Allianz, SCBSL is acting in alliance with Allianz and not as an agent for customers. You may wish to seek advice from a qualified advisor before purchasing the policy and in the event that you choose not to seek advice, you should consider whether the policy is suitable for you. 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 Allianz may recover from you any expense incurred by them in underwriting the policy.

This document is not a contract of insurance and reference should be made to the actual policy for the exact terms and conditions applicable to the insurance policy, which will be sent to you upon the acceptance of your application by Allianz.

This Policy is 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 visit the GIA or SDIC websites (www.gia.org.sg or www.sdic.org.sg).