Overview
FWD Life Insurance Corporation (FWD Philippines) launched its commercial operations in September 2014. Currently, FWD Philippines is number one in customer experience among insurers in the country1. In just 10 years, FWD Philippines now ranks 3rd and 4th in terms of new business annual premium equivalent2 and premium income3, respectively.
FWD Philippines is part of FWD Group, a pan-Asian life insurance business with more than 13 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD Group was established in 2013 and is focused on changing the way people feel about insurance. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products, and a simpler insurance experience.
FWD Philippines is regulated by the Insurance Commission of the Philippines and is legally permitted to provide insurance products and services within the country.
For more information, please visit fwd.com.ph.
1 Based on KPMG’s Global Customer Experience Excellence Report 2023
2 www.insurance.gov.ph > Data > Statistics > Life Insurance Companies > 2023 > Based on New Business Annual Premium Equivalent
3 www.insurance.gov.ph > Data > Statistics > Life Insurance Companies > 2023 > Based on Premium Income
Want to get in touch?
Reach FWD here, or visit us at our Head Office.
Contact the Insurance Commission Philippines here.
At a glance
| Minimum annual premium | PHP60,000 |
| Payment terms | 5, 10 Years |
| Age of eligibility for the insured | 15 days old to 75 years old |
| Coverage | Up to 100 years old subject to fund performance |
This financial product of FWD life insurance corporation is not insured by the philippine deposit insurance corporation and is not guaranteed by Security Bank.
* Regular Pay means clients will pay premiums until the expiry of the coverage.
Features and services
Protect and invest
Grow your fund for lifetime protection and investment subject to fund performance.
Build your wealth
Invest your money in our diverse global and local funds that fit your personal risk appetite.
Start-up bonus
Get rewarded for giving your wealth more time to grow. Up to 30% of your basic annual premium will be invested on the first policy year and added to your account value in the 5th and 10th year.
Premium extension bonus
Get an additional 2% invested in your account for continuing your premium payments after the required period.
Investment protector bonus
We care for your investments so we will double your Loyalty Bonus if the PSEi price is lower compared to its price five years ago.
Guaranteed milestone increase
Celebrate a major milestone with a one-time, hassle-free, pre-approved 20% benefit amount increase up to max of PHP2M.
Extend your coverage with great value add-ons!
LifePro
Gives you added cash benefit upon death or terminal illness.
HealthPro Lite
This affordable, one-time policy add-on protects you against 42 major critical illnesses.
HealthPro
Gives you added health coverage against 42 major illnesses and 15 minor illnesses.
RecoveryPro
We’ll help with the bill. This policy add-on covers unexpected hospital stays.