Common use of Free Look Clause in Contracts

Free Look. You may return this policy for cancellation within fourteen (14) days after You receive the policy document, for any reason. We will refund You the Premiums You have paid less any change in the unit price(s) of the Portfolio fund / ILP sub-fund and any costs incurred by the Company in assessing the risk under the policy, such as payments for medical check-up and other expenses. In the event that the Account value of Your policy is more than the Premium paid, We will only refund the Premium You have paid. Premium paid refers to total Premium received, including Top-up, less partial withdrawal and any change in the unit price(s) of the funds. Should the free look request be received before 3 p.m. (Singapore time), We will use the unit price for the current Valuation day or else it will be based on the unit price as at the next Valuation day. If Your policy document is sent by email, We consider this policy is delivered to You one (1) day after the date of emailing. If Your policy document is sent by post, We consider this policy is delivered to You seven (7) days after the date of posting.

Free Look. You may return this policy for cancellation within fourteen (14) days after You receive the policy document, for any reason. We will refund You the Premiums You have paid less any change in the unit price(s) of the Portfolio fund / ILP sub-fund and any costs incurred by the Company in assessing the risk under the policy, such as payments for medical check-up and other expenses. Any partial withdrawal previously paid to You under this policy will also be deducted. In the event that the Account value of Your policy is more than the Premium paid, We will only refund the Premium You have paid. Premium paid refers to total Premium received, including Top-upwithout interest, less partial withdrawal made and less any change cost incurred by Us in providing You the unit price(s) of the fundspolicy, such as payments for medical check-up and other expenses. Should the free look request be received before 3 p.m. (Singapore time), We will use the unit price for the current Valuation day or else it will be based For more information on the unit price as at dealing frequency of each ILP sub-fund, please refer to the next Valuation dayindividual fund’s Product Highlights Sheet for details. If Your policy document is sent by email, We consider this policy is delivered to You one (1) day after the date of emailing. If Your policy document is sent by post, We consider this policy is delivered to You seven (7) days after the date of posting.