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Life Insurance Alternate Savings

Secure your path to a brighter financial future

Looking for alternative way to build funds for your retirement or child education plans? Let us customise a plan that best suits your financial needs.

Contact us at 2268 462/7

Promotion terms and conditions apply.

Terms & Conditions

1. Term 

i. This Promotion begins on 1 July 2020 to 31 October 2020, both dates inclusive (the “Promotion Period”).

ii. This Promotion is open to all new and existing retail customers of Baiduri Bank (“Eligible Customers”)

2. Eligibility Plans

Eligible Plans include:

AIA

Great Eastern

AIA Smart Growth II

GE SGD Family 3 Series

AIA Smart Flexi Reward

GE Supreme Retirement Series

AIA USD Guaranteed 8

GE SGD Great Wealth Multiplier Series

AIA Guaranteed Protected Plus

GE Flexi Life Series

AIA Retirement Saver

GE SGD Flexi Goal Series


GE SGD Flexi Cashback Series

Products with single-premium payment are excluded from this promotion. Great Eastern products required premium payable is 10 years and above only in order to be eligible for this special offer.

3. Promotion Offer

i. BND50 worth of shopping voucher for plans with monthly premium of at least BND120

ii. BND200 worth of shopping/gadget voucher for plans with annual premium of at least BND2000 - 4,999

iii. BND500 worth of shopping/gadget voucher for plans with annual premium of at least BND5000

iv. Plans with single premium payment are excluded from this promotion.

v. A sign up is deemed successful when Eligible Customer is issued with a policy book by AIA or Great Eastern.

vi. Each Eligible Customer is only entitled to receive one (1) voucher during the Promotion Period irrespective of the number of successful policy sign-ups.

vii. Baiduri Bank will issue a letter (“Redemption Letter”) to the Eligible Customer upon receipt of the original policy book from AIA or Great Eastern. The Redemption Letter will set out the details of how the voucher may be redeemed, and the redemption terms.

viii. The bank reserves the right to rescind the rewards, in the event of any cancellation of policy.

ix. Rewards are not exchangeable, transferable or refundable for cash or kinds

x. Baiduri Bank reserves the right to substitute or replace the gift with another gift of similar value without prior notice. The Bank makes no representation or warranty whatsoever in respect of the rewards, whether as to the quality or merchantability or fitness for purpose or performance or otherwise whatsoever. Any disputes should be resolved directly with the supplier.

4. General

i. This Promotion is governed by Baiduri Bank’s terms and conditions on the related products and any other documents forming the agreement to transact.

ii. Baiduri Bank may, at any time and without prior notice or liability to any party, suspend or terminate the Promotion or vary these terms and conditions.

iii. Baiduri Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with this Promotion. Its determination of all matters relating to this Promotion shall be final and conclusive and no correspondence will be entertained.

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Contact our customer support team if you have any further questions. We are here to help you.

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