This website is for information purposes only and does not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy. It does not constitute and should not be construed as investment advice nor an investment recommendation. It has been prepared without regards to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a financial adviser on the suitability of an investment for you, taking into account these factors before making a commitment to invest in an investment.
You are fully responsible for your investment decision, including whether the product or service described here is suitable for you. The products/services involved are not principal-protected and you may lose all or part of your original investment amount.
This website, including this video, describes the insurance product(s) and service(s) provided by certain insurer(s) in alliance with Standard Chartered Bank (Singapore) Limited (SCBSL). It 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 the respective insurer. All insurance products described in this website are products of and underwritten by the respective insurer and not SCBSL. In facilitating insurance arrangements or in referring customers to any insurer, SCBSL is acting as a distributor, in alliance with the insurer and not as an agent for customers. You may wish to seek advice from a licensed or an exempt financial adviser before making a commitment to purchase the policy. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully 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 the insurer may recover from you any expense incurred by them in underwriting the policy.
The 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 contact your insurer or visit the GIA or SDIC websites.(www.gia.org.sg or www.sdic.org.sg).
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
For clarity, investment products are not deposits and each of the investment products mentioned do not qualify as an insured deposit under the Singapore Deposit Insurance and Policy Owners’ Protection Schemes Act 2012, Rev. Ed. Cap 77B. The products / services involved are not principal-protected and you may lose all or part of your original investment amount.
This advertisement has not been reviewed by the Monetary Authority of Singapore.