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Bancassurance

Bancassurance

 

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Important Notes

SBI shall not be responsible for the quality, merchantability or the fitness for any purpose or any other aspect of the products and/or services provided by third parties. Notwithstanding anything herein, SBI shall not at any time be responsible or held liable for any loss, injury, damage, or harm suffered by or in connection with the products and/or services provided by third parties.

SBI has the right to vary the terms and conditions of the Promotion without prior notice or withdraw or discontinue the promotion at any time without any notice or liability. SBI decision on all matters relating to the Promotion will be at their absolute discretion and will be final and binding. In the event of any inconsistency between these terms and conditions and any brochure, marketing or promotional material relating to the promotion, these Terms and Conditions will prevail.

Buying a life insurance is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premium paid.

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. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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