GREAT Critical Cover Series Consumer Promotion

1. This Promotion is open to policyholders who have submitted a new application for the qualifying plan(s) listed in clause 2 below (“Qualifying Plans”) to The Great Eastern Life Assurance Company Limited (“GELS”) between 6th October 2022 and 31st March 2023 (both dates inclusive).

2. Subject to the terms and conditions of this Promotion, policyholders who purchase any of the plans as set out below (“Qualifying Plans”) will get to enjoy the following premium discount (“Premium Discount”):

3. The Premium Discount is applicable to the total premium payable for the first year of the Qualifying Plan(s) and is valid for all premium payment modes (monthly, quarterly, half-yearly and annual).     

4. The Premium Discount will be reflected on the letter of conditional acceptance issued by GELS to the policyholder of the Qualifying Plan(s).

5. The Premium Discount is not applicable to

a)     premiums for any attaching riders (unless specifically listed); and/or

b)     premium loading(s) imposed due to health reasons (if any).

6. If the policyholder:

a) cancels or surrenders the Qualifying Plan(s); or

b) replaces the Qualifying Plan(s); or

c) downgrades the plan type and/or deals with the Qualifying Plan in any way which reduces the total premium payable;

within twelve (12) months from the date of issue of the Qualifying Plan, the policyholder shall return the value of the Premium Discount to GELS. The policyholder agrees that GELS may deduct the value of the Premium Discount which was issued to the policyholder from any sums due owing to the policyholder from GELS, at its sole discretion.

7. This Promotion may not be combined with any other offers or promotions held by GELS, unless otherwise specified by GELS.

8. GELS reserves the right to vary the terms and conditions or withdraw this Promotion at any time without prior notice. The decision of GELS on all matters relating to this Promotion shall be final and binding on all customers.

9. Notwithstanding anything herein, GELS has the absolute discretion to determine the eligibility of any person to participate in the Promotion. If GELS subsequently determines that a person is in fact not eligible, for any reason whatsoever, GELS may at its discretion, disqualify the participant and recover/cancel the Premium Discount without prior notice.

10. By participating in this Promotion, you agree and consent to GELS and  its related corporations (collectively, the "Companies"), as well as their respective representatives, agents,  the Companies' authorised service providers and relevant third parties (the Companies and all the other foregoing parties, collectively, “Great Eastern Persons”), collecting, using, disclosing, and/or sharing amongst themselves your personal data, for purposes reasonably required by the Companies to evaluate your proposal and to provide the products or services which you are applying for (including any policy renewals and policy upgrades, substitutions or replacements) and such other purposes as described in Great Eastern's Privacy Statement (collectively, the “Purposes”) which is accessible from Great Eastern Singapore’s website at https://www.greateasternlife.com, which you confirm you have read and understood.

Your consents herein supplement but do not supersede nor replace any other consents you may have previously provided to Great Eastern Persons, and your consents herein are cumulative and additional to any rights which any of the Great Eastern Persons may have to collect, use, and/or disclose of your Personal Data, with or without your consent, to the extent permitted under applicable law.

In addition, where personal data of any person is disclosed by you, you further confirm and represent that you have obtained the consent of the individual concerned for the Purposes, unless such consent is not required under applicable laws: (i) to collect such personal data; (ii) for the disclosure of such personal data to the Great Eastern Persons; and (iii) for the Great Eastern Persons’ collection, use and/or disclosure of such personal data.

11. The terms and conditions of this Promotion shall be governed by and interpreted in accordance with Singapore law. The courts of Singapore shall have exclusive jurisdiction over any disputes arising from the terms and conditions, including the validity and enforceability thereof.

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