Wow, you're everywhere.
Thanks man.
"1 year cooling off" so power.
A. Every customer is only allowed to own 1 policy from each category.
Example: From 1 February 2021 (inclusive) onwards, a customer can own 1 Enrich advance and 1 Dash PET.
B. A 1 year cooling-off period will be imposed on customer who surrender any of their policies from any category.
During the 1 year cooling-off period from the date of surrender, customer will not be allowed to own any new
products from any of the category.
The cooling-off period will start from the latest surrender date of any of the policies from the above categories.
Example 1: Customer purchase Enrich advance and it was incepted on 1 February 2021. He subsequently surrender
Enrich advance on 20 February 2021. He will only be allowed to purchase:
Enrich advance or Dash PET from 20 February 2022 onwards.
Example 2: Customer purchase Dash PET and it was incepted on 1 February 2021. He subsequently surrender Dash
PET on 20 February 2021. He will only be allowed to purchase:
Enrich advance or Dash PET from 20 February 2022 onwards.
Example 3 (Applicable to products where assignment is allowed): Both customer and his wife each purchase an
Enrich advance and both policies was incepted on 1 February 2021. Customer subsequently surrender his Enrich
advance on 1 March 2021. His wife wish to transfer the ownership of her Enrich advance to him via absolute
assignment. Absolute assignment is only allowed from 1 March 2022 onwards.