Life Insurance Alternate Savings

Life Insurance Alternate Savings Promotion ("this Promotion") Terms and Conditions:

1. Term
1.1 This Promotion begins on 1 July 2020 to 31 October 2020, both dates inclusive (the “Promotion Period”).
1.2 This Promotion is open to all new and existing retail customers of Baiduri Bank (“Eligible Customers”).
2. Eligible Plans
2.1 Eligible Plans include:

AIA Great Eastern
  1. AIA Smart Growth II
  2. AIA Smart Flexi Reward
  3. AIA USD Guaranteed 8
  4. AIA Guaranteed Protected Plus
  5. AIA Retirement Saver
  1. GE SGD Family 3 Series
  2. GE Supreme Retirement Series
  3. GE SGD Great Wealth Multiplier Series
  4. GE Flexi Life Series
  5. GE SGD Flexi Goal Series
  6. 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
3.1.1.1 BND50 worth of shopping voucher for plans with monthly premium of at least BND120
3.1.1.2 BND200 worth of shopping/gadget voucher for plans with annual premium of at least BND2000 - 4,999
3.1.1.3 BND500 worth of shopping/gadget voucher for plans with annual premium of at least BND5000
3.2 Plans with single premium payment are excluded from this promotion.
3.3 A sign up is deemed successful when Eligible Customer is issued with a policy book by AIA or Great Eastern.
3.4 Each Eligible Customer is only entitled to receive one (1) voucher during the Promotion Period irrespective of the number of successful policy sign-ups.
3.5 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.
3.6 The bank reserves the right to rescind the rewards, in the event of any cancellation of policy.
3.7 Rewards are not exchangeable, transferable or refundable for cash or kinds.
3.8 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
4.1 This Promotion is governed by Baiduri Bank’s terms and conditions on the related products and any other documents forming the agreement to transact.
4.2 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.
4.3 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.