Insurance

[Flash deal] Receive up to $50 Cash Account credits* when you transfer your shield plan to FSMOne!

Transfer in promotion is now bigger and better! For a limited time, get up to $50 Cash Account credits* and up to 45% commission rebates^ when you transfer in your shield plan to us! Be rewarded for choosing FSMOne for your insurance needs. *Terms and Conditions apply.

  • iFAST Insurance Team
  • |
  • Published on 27 Nov 2024

Need advice about your shield plan but unsure of who to ask? Transfer in your integrated shield plan and let us assist with your queries or claims.


[Flash deal] Receive up to $50 Cash Account credits* when you transfer your shield plan into FSMOne

The more you transfer, the more you get! Now for a limited time, transfer in your Income, Raffles, or Singlife shield plans and get $10 Cash Account credits* per policy transferred! This $10 deal is limited to the first 20 policies successfully transferred into FSMOne.


Number of successfully transferred policies

Cash Account reward

1 policy
$10
2 policies
$20
3 policies
$30
4 policies
$40
5 or more policies
$50

Q: What happens if I am not one of the first 20 eligible transfers in?

A: We will still reward you for choosing FSMOne even if you are not part of the first 20 eligible transfers in. For subsequent policies, we will reward you with $5 per policy transferred.


Q: What policies are eligible for this campaign?

A: List of eligible policies:

  • Income: Enhanced IncomeShield Basic, Enhanced IncomeShield Advantage, Enhanced IncomeShield Preferred
  • [NEW] Raffles: Raffles Shield Private, Raffles Shield A, Raffles Shield B, Raffles Shield Standard
  • Singlife: Singlife Shield Plan 3, Singlife Shield Plan 2, Singlife Shield Plan 1
  • Please note that you have to be the policyholder of the plan.


    Q: Am I also eligible to receive 45% commission rebates for my transfer-in policies?

    A: Yes you may be! If you have an Enhanced IncomeShield plan or a Raffles Shield rider, you may be eligible to receive up to 45% commission when you transfer your plans into FSMOne^.


    Click the button below to contact us if you would like to transfer your Income, Raffles or Singlife shield plan(s) to us!


    Here are 3 Reasons why you should choose FSMOne for your insurance needs


    #1 We are here to help you

    No agent? No problem! We understand that insurance can be confusing and not knowing who to ask for assistance can be frustrating. If you do not have an agent to service your policy and would like to have someone to assist you with any queries or claims that you may have, reach out to us to let us help you.

    By transferring your integrated shield plan into FSMOne, you will be entitled to the following services:

  • Let us service your policy and answer any queries you may have.
  • Need to make a claim? Reach out to us if you have any questions and let us assist you with this.
  • Enjoy a consolidated view of your insurance and investment on FSMOne with one simple click.
  • For illustration purposes only.


    #2 Get a complimentary review – For You, From Us

    Unsure if your coverage is still suitable for your present-day needs? Reach out to us for a complimentary insurance review!

    We do not recommend switching your integrated shield plans (IP) to different insurers. Rather than switching insurers for your IP needs, you may consider upgrading or downgrading your IP plan or adjusting your IP rider to better suit your budget and coverage needs.


    #3 Enjoy ongoing savings with FSMOne – Get up to 45% commission rebates on eligible policies!

    Purchase or transfer in your integrated shield plan, and enjoy up to 45% commission rebates on the cash portion of your premiums paid. We will give you your commission rebates for as long as we continue to receive commission from the insurer. Save more when you insure with FSMOne!

    Watch how our commission rebate works here:

    HTML Video embed


    ^Up to 45% commission rebates for transfer-in policies

    If you have an Enhanced IncomeShield plan but do not have an agent to service your policy, transfer your plan into FSMOne and let us be your servicing agent! As your dedicated adviser, we will keep you updated on any policy changes and assist with any queries or claims you may have. You will also receive up to 45% commission rebates on the cash portion of your premiums paid! Contact us here to transfer your IncomeShield plan to us.

    If you have a Raffles Shield plan, you may also transfer your IP plan and rider into FSMOne to receive up to 45% commission rebates on the premiums paid for your IP rider! Contact us here to transfer your Raffles Shield and rider to FSMOne!

    Or click here if you have a question about your shield plan





    Available Products on FSMOne Insurance

    Term Life, Whole Life, Critical Illness, Annuity, Health, Endowment, General Insurance (Personal and Commercial)


    from AIG, Allianz, Cigna, Chubb, Etiqa Insurance, FWD Insurance, Great Eastern, Henner, Income, Manulife, MSIG, Raffles Health Insurance, Singlife, Sompo, Tokio Marine, and QBE.


    *Please check with our team if the product you want is available on FSMOne Insurance



    *Terms and Conditions:

    1. This Extended Transfer-in Program (the “Campaign”) is valid from 1 December 2024 to 31 December 2024, both dates inclusive (the “Campaign Period”).
    2. Cash Account credit (the “Reward”) will be processed within 3 weeks after the end of the Campaign Period. To be eligible for the Reward, policy must be successfully transferred to FSMOne by 31 December 2024.
    3. For avoidance of doubt, policies eligible to receive the Reward are: Enhanced IncomeShield Basic, Enhanced IncomeShield Advantage, Enhanced IncomeShield Preferred, Raffles Shield Private, Raffles Shield A, Raffles Shield B, Raffles Shield Standard, Singlife Shield Plan 3, Singlife Shield Plan 2, Singlife Shield Plan 1.
    4. FSMOne will award $10 per policy for the first 20 eligible transfers that we receive. Subsequent policies will be awarded $5 for each eligible policy transferred into FSMOne.
    5. For avoidance of doubt, FSMOne will use the insurer’s effected request date as the date of successful transfer. This will also be used to determine the order of the first 20 policies.
    6. The maximum Reward any client can receive is capped at $50.
    7. Shield plan transfers made internally within iFAST Financial will not be eligible for the Reward (i.e. Transfer(s) made from iFAST Financial, or iFAST Global Markets)
    8. Client must be an FSMOne account holder to receive the Reward. New account holders will also be eligible for the promotion. Clients with no FSMOne account will not be eligible for the Reward. Name of policyholder must match with the name of the FSMOne Account Number provided in order to be eligible for the Reward.
    9. FSMOne reserves the right to replace the reward of similar value without prior notification.
    10. FSMOne reserves the right to amend the Terms and Conditions without prior notification and has the final decision on all matters relating to this Campaign. Any appeals will not be entertained.



    Disclaimer:

    ^Only the transfer-in of Income Shield plans (Enhanced IncomeShield Basic, Enhanced IncomeShield Advantage, and Enhanced IncomeShield Preferred), and Raffles Shield riders (Raffles Premier Rider, Raffles Key Rider, Raffles Cancer Guard Rider) are eligible for commission rebates. Commission rebates will only be given on the cash portion of premiums paid. More information on commission rebates can be found here.

    All materials and content found in this article are strictly for information purposes only and should not be considered as an offer or solicitation to transact in any product. This article is not a contract of insurance.

    Insurance products are underwritten by the respective insurance partners and distributed by iFAST Financial Pte Ltd (“iFAST”). You are advised to review the specific terms, conditions and exclusions in the relevant policy contract.

    You are advised to read the key product documents, including (but not limited to) the product summary, before deciding whether the product is suitable for you. You should consider carefully if the products you are purchasing are suitable for your financial objectives, experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of a product, please seek advice from a financial adviser before making a decision to purchase the product.

    While iFAST and its third-party providers strive to provide accurate and timely information, there may be inadvertent omissions, inaccuracies, and typographical errors. Opinions expressed herein are subjected to change without notice.

    Purchasing a life insurance policy is a long-term commitment, and early termination may involve significant costs. The surrender value, if any, may be zero or less than the total premiums paid.

    This advertisement has not been reviewed by the Monetary Authority of Singapore.

    All materials and contents found in this site are strictly for general circulation and informational purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found/identified in this site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this report is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. In respect of any matters arising from, or in connection with the said research analyses or research reports, recipients of the report are to contact IFPL at 10 Collyer Quay, #26-01 Ocean Financial Centre Building, Singapore 049315, or by telephone at +65 6557 2853. Where the report contains research analyses or research reports from a foreign research house and if the recipient of such research analyses or research reports is not an accredited investor, expert investor, institutional investor or an ex-accredited investor, IFPL accepts legal responsibility for the contents of such analyses or reports to such persons only to the extent as required by law. Please note that only certain security(ies) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to iFAST’s prevailing policies and procedures.

    Please read our full disclaimers on the website at ( https://secure.fundsupermart.com/fsmone/policies/328125/investment-account-terms-&-conditions).

    iFAST Financial Pte Ltd (IFPL) (registered address: 10 Collyer Quay #26-01 Ocean Financial Centre Singapore 049315, Telephone: 6557 2000) holds the Financial Advisers Licence issued by the Monetary Authority of Singapore ('MAS') to conduct regulated activities of advising on securities, marketing of collective investment schemes and arranging of any contract of insurance in respect of life policies, other than a contract of reinsurance and the Capital Markets Services Licence issued by the MAS to conduct regulated activities of dealing in securities and providing custodial services for securities. While IFPL has made every effort to ensure the independence of the report's contents, IFPL's nature of business is such that IFPL and its connected and associated entities together with their respective directors, officers and staff may be involved in providing dealing or investment-related services in the abovementioned securities, and have taken or may take positions in the securities mentioned in this report, and may also act as the principal for any buy or sell trades.


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