Common use of Free Look Clause in Contracts

Free Look. You may return this rider for cancellation within fourteen (14) days after You receive the rider 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 and any costs incurred by the Company in assessing the risk under the rider, such as payments for medical check-up and other expenses. Any partial withdrawal(s) previously paid to You under this rider will also be deducted. 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. In the event that the Rider account value of the Portfolio fund of Your rider is more than the Premium paid, We will only refund the Premium You have paid. We will transfer the Premiums to You via paynow mobile. A charge of S$0.70 will be imposed for transaction via paynow mobile and it will be deducted from the transferred amount. If Your rider document is sent by email, We consider this rider is delivered to You 1 day after the date of emailing.