Purchase a qualifying Life Insurance policy and place your cash in SMART Park to enjoy 6% p.a. guaranteed returns* for a 90-day period.

Please contact our licensed representatives for more information on the eligible insurance policies.

*T&Cs apply

Terms & Conditions

1. Definitions:
   
   1. “Promotion Period” refers to the period between 6 August 2025 (0000 hrs.) and 30 September 2025 (2359hrs.), both dates inclusive.
   2. “Eligible Customer” refers to a customer whose application or proposal for any Qualifying Plan is submitted to Phillip Securities Pte Ltd during the Promotion Period and satisfies the eligibility criteria in para 2 below.
   3. “Qualifying Plan” refers to any life insurance policy that meets the criteria as stated in the table above and is not on the exclusion list. Investment-linked policies (ILPs) and life policies purchased online via advisers’ unique URLs are excluded from this promotion.
   4. “Bonus Returns” refers to the difference between 6.0% p.a. and the underlying SMART Park fund return
2. Eligibility:
   
   1. This Promotion is open to all customers of Phillip Securities Pte Ltd (“PSPL”).
   2. An Eligible Customer is entitled to participate in this promotion, in accordance with these Terms and Conditions, if the customer’s proposal for any Qualifying Plan is submitted to PSPL during the Promotion Period and the policy is issued by 31 October 2025.
   3. The Qualifying Regular Premium Plan must be in annual premium payment mode, and the total initial premium collected must meet the values as stated in this table.
      

      Category	Policy Term	Minimum Premium	To be submitted by
      Savings/ Retirement/ Investment-Linked Policies	Single Premium	S$50,000	Application to be submitted by 30 September 2025 and policy to be issued by 31 Oct 2025.
      	Regular Premium (Below 5 – Pay)	S$25,000 Annual Premium
      	Regular Premium (5 – Pay & Above)	S$12,000 Annual Premium

   4. For investment linked policies (ILP) with flexi terms, the mandatory premium period will be taken as the payment term.

      For example:
      Manulife InvestReady (III) 10 Years Flexi 3 will be taken as a 3 – pay.
      Manulife InvestReady (III) 5 Years Flexi 1 will be taken as a single premium.

   5. Upon inception, the Qualifying Plan must pass the 14-day free-look period.
3. Exclusion List:
   
   1. Exclusion List:
      

      Premium Term	Excluded Plans
      Single Premium	HSBC Life Wealth Invest Income Gro Annuity Pro Income WealthLink
      Regular Premium	Chinalife FlexiCash Growth China Taiping i-Saver8

   2. All tranche products are excluded in this campaign.
4. To enjoy 6% p.a. guaranteed returns for a 90-day period on cash deposit placed in SMART Park:
   
   1. Each Eligible Customer will be entitled to enjoy 6% p.a. guaranteed returns for a 90-day period, on a deposit ranging from a minimum of S$1,000, up to a maximum amount of S$50,000 placed in SMART Park for the Qualifying Plan issued.
   2. Each eligible policy must meet the minimum requirement independently to qualify for an additional deposit of up to S$50,000. Policy premiums cannot be combined to meet the eligibility criteria. For example:
      Mrs Tan purchases 2 policies.
      Plan A: S$55,000 Single Premium
      Plan B: S$45,000 Single premium
      She will be eligible for the promotion based on Plan A only.
   3. Eligible Customers may choose to deposit the funds into an existing eligible account or open a new eligible account.
      
      1. Customer must opt in and consent to the “Excess Funds Management Facility (SMART Park)” before the Qualifying Plan’s inception date for account type such as Cash Plus, Cash Management, Prepaid, Custodian, Margin accounts.
   4. Eligible account types:
      
      1. Individual accounts namely, Cash Plus, Cash Management, Prepaid, Custodian, Margin, and Advisory wrap accounts (cash fund source).
   5. The deposit has to be fresh SGD cash funds transferred from the Eligible Customer’s bank account, and does not include funds transferred within PSPL accounts, cash dividends, sales proceeds or account credit transactions.
   6. The deposit must be credited into the Eligible Customer’s PSPL account from the insurance sign-up date to two weeks (14 calendar days) after the policy inception date.
   7. The Bonus Returns will be calculated based on a period of 90 days, starting from 2 weeks (14 calendar days) after the Qualifying Plan’s inception date, provided that a qualified deposit is made.
   8. For Eligible Customer who purchased more than one Qualifying Plan, the 90-day Bonus Reward period will start 14 calendar days after the inception date of each respective Qualifying Plan, provided that qualified deposits of fresh funds are made.
   9. The Bonus Returns will be credited in a lump sum to the Eligible Customer’s PSPL account within 30 business days after the 90-day period ends.
   10. Any debit transaction, including fee deduction, withdrawal, and trade settlement resulting in the account balance falling below the deposited value during the 90-day period will result in the Eligible Customer being disqualified from the Promotion.
   11. Each Eligible Customer is eligible for one Bonus Return, capped at S$50,000 of deposit, for each Qualifying plan purchased.
   12. If an Eligible Customer purchases more than one Qualifying Plan, they can fund their eligible PSPL account with a minimum of S$1,000, up to S$50,000 for each Qualifying Plan.
       
       1. Example:
          Customer A purchased 2 Qualifying Plans, he will be eligible to fund his account up to S$100,000 (S$50,000 per policy x 2).
   13. If an Eligible Customer has more than 1 eligible PSPL account, only the account first funded with S$1,000 or more (1 lump sum) will be considered to be eligible for the bonus reward.
   14. Eligible Customer must be at least 18 years of age and not a US person (an individual who is a US Citizen or US resident).
   15. The following persons are not eligible to participate in this Promotion unless approved by the management of PSPL:
       
       1. PSPL’s institutional customers and corporate customers
       2. PSPL account holders whose accounts have been suspended, cancelled or terminated
       3. Joint account holders
       4. Customers who engage the services of a representative from an external provider (B2B)
       5. Employees and Representatives of PSPL
   16. This promotion cannot be combined with any other ongoing promotions or offers related to the same eligible plan. Only one promotion may be applied per qualifying plan.
5. Payout:
   
   1. 1. How are the 6% p.a. guaranteed returns for a 90-day period calculated?
      After the 90-day period has ended, PSPL will top up the difference between 6% p.a. and SMART Park returns that your cash has made from SMART Park.

      1. Example:
      Customer A funded S$50,000 and held the deposit of S$50,000 over 90 days.
      He will get S$739.72 from the promotion
      S$50,000 X [(6%/365 days) X 90 days] = S$739.72.

      Let’s say during this period, Customer A’s cash in SMART Park grew 1.7% p.a. for the 90-day period, which equates to S$209.58 in valuation.

      PSPL will credit the Bonus Returns of: S$739.72 – S$209.58 = S$530.14

   2. The Bonus Returns will be paid out in SGD in your account.
6. General Terms & Conditions:
   1. PSPL makes no warranty or representation as to the quality, merchantability or fitness for the purpose of the merchants’ goods and services in respect of the Promotion. Any dispute about the same must be resolved directly with the Insurer. The Insurer’s Terms and Conditions apply in respect of the life policy(ies) purchased by customers.
   2. In the event of any inconsistency or discrepancy between the terms and conditions and the contents of any brochure, marketing and/or promotional materials relating to the Promotion, these Terms and Conditions apply. By participating in the Promotion, each Eligible Customer is deemed to have accepted and agreed to be bound by these Terms and Conditions and any other instructions, terms and conditions that PSPL may issue from time to time.
   3. PSPL assumes no responsibility for incomplete, lost, late, damaged, illegible or misdirected forms or email communication, for technical hardware or software failures of any kind, lost or unavailable network connections, or failed incomplete, distorted or delayed electronic transmission which may limit an Eligible Customer’s ability to participate in the Promotion.
   4. PSPL has the sole and absolute discretion to exclude any Eligible Customers from participating in the Promotion without any obligation to furnish notice and/or reason.
   5. PSPL reserves the right to disqualify or disregard any Eligible Customer who does not comply with the Terms and Conditions.
   6. PSPL may at its discretion forfeit the Promotion, or, if already awarded, reclaim the Promotion at the expense of the Eligible Customer without payment, compensation, or having to give any reason whatsoever in the event PSPL subsequently discovers that the Eligible Customer is not eligible to participate in the Promotion and/or to receive the Promotion.
   7. PSPL shall not be liable for any loss of, damage to, defects, delay, mis-delivery or non-delivery of the Promotion.
   8. PSPL reserves the right to deal with any unclaimed Promotion in any manner it deems fit.
   9. PSPL reserves the right to request for the Eligible Customers’ proof of eligibility, identity and/or otherwise for the purposes of verifying the Eligible Customers’ claim to the Promotion at the time of collection.
   10. PSPL is under no obligation whatsoever to disclose the identity of the Eligible Customers or to publish the same for any reason at any point of time.
   11. The Promotion is non-transferable, not exchangeable for cash, credit or any other items of equivalent value.
   12. By participating in this Promotion, each Eligible Customer agrees and consents to the collection, use and disclosure of any and all personal data of the Eligible Customer by PSPL and its advertising and promotional agencies for the purpose of administering and/or publicising the Promotion, and providing the Eligible Customer with marketing, advertising and promotional information or materials relating to the products and services that PSPL offers.
   13. If an Eligible Customer provides PSPL with personal data of any third party, that Eligible Customer hereby:
       
       1. agrees on behalf of that third party to be bound by the Terms and Conditions contained herein; and
       2. consents on behalf of that third party, to PSPL’s collection, use, disclosure and processing of his/her personal data in accordance with the Terms and Conditions contained herein.
       3. warrants that he/she has obtained the said third party’s prior consent to such collection, use, disclosure and processing of his/her personal data by PSPL and that the personal data that the Eligible Customer provides to PSPL is true, accurate and complete.
   14. PSPL shall not be liable for any third party’s misuse of the Eligible Customer ‘s submitted information as a result of the Eligible Customer taking part in the Promotion.
   15. PSPL may at any time at its absolute discretion, without prior notice or assigning any reason thereof or being liable to any person,
       
       1. suspend, cancel or terminate the Promotion, or
       2. delete, vary, supplement, amend, modify any one or more of the terms and conditions of the Promotion.
   16. PSPL’s determination of all matters in connection with the Promotion shall be final, binding and conclusive.
   17. PSPL is not obliged to give any reason or prior notice on any matter concerning the Promotion Period or the Promotion. No appeal, correspondence or claims will be entertained. PSPL has the right and discretion to determine whether a party has met the requirements of the Promotion and/or to redeem the Promotion. Eligible Customers shall not be entitled to any damages or compensation whatsoever or howsoever arising as a result of such amendment, suspension or termination.
   18. By participating in the Promotion, all Eligible Customers agree and undertake to, at all times, indemnify, keep indemnified, and hold PSPL, its employees and agents harmless against all losses (including direct, indirect, incidental and/or consequential losses), damages (including general, special, and/or punitive damages), demands, injuries (other than personal injury caused by PSPL‘s negligence), claims, costs, penalties, interest and fees (including all legal fees as between solicitor and Customer or otherwise on a full indemnity basis whether or not incurred in respect of any real, anticipated, or threatened legal proceedings), howsoever caused by, arising or resulting from, whether directly or indirectly, their participation in the Promotion, acceptance or usage of the Promotion, and/or any breach or purported breach of these terms and conditions shall prevail.
   19. Any trademarks, graphic symbols, logos or intellectual property contained in any materials used in connection with this Promotion, in particular the Promotion, are the property of their respective owners. PSPL is not affiliated with, or endorsed or sponsored by, such owners and their relevant affiliates.
   20. Failure by PSPL to exercise any of its right or remedy under these Terms and Conditions does not constitute a waiver of that right or remedy.
   21. The Terms and Conditions shall be governed by Singapore law and the Eligible Customers agree to submit to the exclusive jurisdiction of the courts of Singapore.
   22. A person who is not a party to any agreement governed by these terms and conditions shall have no right under the Contracts (Right of Third Parties) Act 2001 to enforce any of these terms and conditions.
   23. In case of dispute, the decision of PSPL shall be final.
   24. PSPL, its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
   25. The Eligible Customer understands that he/she is entitled to withdraw his/her consent for the collection, use and disclosure of his/her personal data by notifying the Data Protection Officer (“DPO”) of in writing. The Eligible Customer also understands that withdrawing his/her consent may mean that PSPL is unable to proceed with the respective Promotion redemption.
   26. PSPL reserves the right at any time in its absolute discretion to
       
       1. amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to
       2. vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion are final and binding on all customers.
   27. By taking part in this campaign, the customer acknowledges that he / she has read and consented to these Terms & Conditions.

Important Note:

This advertisement is intended for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned.

All insurance products are subject to the limitations and conditions in the insurance policies and exclusions of the plans are specified in the respective policies from the insurance companies. Insurance products are obligations only of the insurance companies. They are not bank deposits or obligations of, or guaranteed by Phillip Securities Pte Ltd or any of its affiliates. Buying a life insurance policy is a long-term commitment. 

Investments in investment-linked policies (ILP) are subject to investment risks including the possible loss of the principal amount invested.  The value of the units and the income from them may fall as well as rise. You should read the product summary and product highlights sheet before deciding whether to subscribe for units in the ILP sub-fund. 

You may wish to obtain advice from a financial adviser before making a commitment to purchase any investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should consider whether the investment product is suitable for you. 

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