• Scope of the Promotion – Country Wide (PNG)
  • Agreement – By entering into the promotion, Participants agree to be bound by these Terms and Conditions (T&C)
  • Applicable Laws – This Promotion is governed by the laws of Papua New Guinea
  1. Duration of promotion: The promotion begins on 01 January 2024 and ends on 31 January 2024.
  2. Deadline of submission : 12:00 Midnight 31 January 2024  (PNG time)
  3. To enter the promotion, individuals must successfully sign up for the Wantok Delite Life Insurance Policy with BSP Life PNG Limited (BSP Life) during the promotion period. Successfully sign up means the customer has been issued the life insurance policy document.
  4. Each participant may submit more than one entry, by purchasing 2 or more policies
  5. BSP Life staff and contracted Insurance Agents are excluded to participate in this promotion
  6. Winner Selection: Winners will be selected through a random draw conducted by BSP Life within seven (7) days after the promotion ends. Winners will be notified via the contact information provided during the life insurance policy sign-up process. If winners are not contactable in 2 business days then the prize will be forfeited and a new winner(s) will be selected.
  7. Cash prizes:

i. The cash prize amounts and the number of winners is specified on the promotional materials.

ii. Shall be paid directly to the Winners’ nominated BSP bank account. If a winner does not have a personal BSP bank account, then payment can be made to other nominated third party BSP Bank account or BSP Life, through a BSP Branch, will assist the winner to open a BSP account.

iii. Winners cannot exchange prizes for any other item.

  1. Publicity: By entering the promotion, participants agree to BSP Life’s use of their name and image for promotional purposes without additional compensation.
  2. Policy Cancellation or Lapsed: The policy needs to be inforce at the time of announcement. No premium refunds will be made to the winners if the policy is cancelled or lapsed. Should the policy be lapsed or cancelled within 6 months of this promotion then BSP Life reserves the right to recover the prize from the winner (s).
  3. Privacy: Information collection during the promotion will be used in accordance with BSP Life’s privacy policy.
  4. Disqualification: BSP Life reserves the right to disqualify participants who violate these terms and conditions or engage in any fraudulent or unethical behavior.
  5. Changes to the Promotion: BSP Life reserves the right to modify, suspend, or terminate the promotion at any time without prior notice.