In partnership with FWD, Security Bank offers traditional & investment-linked life insurance products to cater to your financial needs.

Choose a life insurance plan that suits your lifestyle!

Variable Unit-Linked Plans (Investment-Linked)

Set for Life

Min. Annual Premium: P30,000
Payment Terms: 5, 7, 10 Years/Whole Life
Coverage: Up to 100 y.o.

All Set

Min. Single Premium: P100,000 Payment Terms: One Time Coverage: Up to 100 y.o.


All Set Higher

Min. Single Premium: P1,000,000 Payment Terms: One Time Coverage: Up to 100 y.o.

USD All Set Higher

Min. Single Premium: $20,000 Payment Terms: One Time Coverage: Up to 100 y.o.

Protection Plans

Set for Health

Min. Annual Premium:
As Low As P12,000
Payment Terms: 5, 10, 20 Years
Coverage: Up to 75 Years of Age

Set for Tomorrow

Min. Annual Premium: P21,000
Payment Terms: One Time,
5, 10, or Regular Pay
Coverage: Up to 120 y.o.

Set for Health and Set for Tomorrow

FWD Life's most comprehensive plans are now available online!

Why Should I Get Life Insurance?

Lifestyle Protection

Live life without worry by making sure you are financially protected

Child's Education

Help your children achieve their dreams.


Start planning for a comfortable retirement


Get coverage for critical illnesses

Compare Products

VUL (Variable Unit-Linked) Life Insurance

Life insurance products with an underlying investment component

Minimum Annual Premium Payment Terms Insured’s Age of Eligibility Basic Features
Set for Life
Flexible, easy payments with benefits the way you want them!
₱50,000 per year for five years
₱40,000 per year for seven years
₱30,000 per year for 10 years or up to age 99*.
*For the variant with a payment term of up to age 99, riders SurePro for Owner and SurePro for Insured are not attachable.
5, 7, 10 years, or Whole Life1 15 days old to 70 years old

– Provides flexible payment and investment fund options to let you maximize your returns benefits
– Optional Add-ons to maximize protection

All Set
Pay once and enjoy all the benefits you need!
P100,000 One-time 15 days old to 75 years old

– Simplified underwriting for eligible applicants
– Optional Riders to maximize protection (add-on)

All Set Higher
Make your money work for your future
P1,000,000 One-time 15 days old to 75 years old – No premium charges
– All funds are invested
– No medical exam required
US Dollar All Set Higher
Higher VUL Benefit from global diversification of your US Dollar-denominated investments
$20,000 One-time 15 days old to 75 years old

– Access to a well-balanced portfolio of worldwide investments
– No premium charges
– All funds are invested

Traditional Life Insurance

Minimum Annual Premium Payment Terms Insured’s Age of Eligibility Basic Features
Set for Health
Get covered in bad times, get rewarded in good times
As low as P12,000 per year2 5, 10 or 20 years

– 5-pay option: 15 days to 60 years old
– 10-pay option: 15 days to 55 years old
– 20-pay option: 15 days to 45 years old

– Financial benefit for up to three (3) unrelated major critical illnesses up to age 75
– Waiver of Premium Benefit3
– Returns 100% of premiums if the insured reaches age 75 free from any major critical illness
– Death Benefit if the insured passes before age 75

Set for Tomorrow
Get a solution suitable for your needs against unforeseen life risks.


One time, 5, 10, or Regular Pay3

– Short Term Cover: 70 y.o.
– Income Protector: 60 y.o.
– Estate Protector: 70 y.o.

– Three (3) available variants suitable for short and long-term needs
– Get 100% benefit amount in advance upon diagnosis of a terminal illness
– Additional 20% coverage amount if the unforeseen happens to you while overseas

1Whole Life VUL means paying period is until age 99
2Premium amounts depend on the Insured’s Age and Profile
3Waives future premium payments upon diagnosis of the first major critical illness
4Family Peace covers the Policyowner, his/her spouse, and his/her children below 18 years of age.

VUL Fund Options

Below are the underlying investment funds for VUL products. Click on a fund icon to view its Monthly Performance Report.



About FWD Life Insurance Corporation

FWD Life Insurance Corporation (FWD Insurance) launched its commercial operations in September 2014. In just six years of business, FWD Insurance now ranks 3rd and 4th in terms of Paid-Up Capital1 and New Business Annual Premium Equivalent2, respectively.

FWD Group spans 10 markets in Asia including Hong Kong SAR & Macau SAR, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan, Malaysia and Cambodia, offering life and medical insurance, general insurance, employee benefits, Shariah and family takaful products across a number of its markets. In the Philippines, FWD has 18 business hubs located in key cities nationwide, with its headquarters in Bonifacio Global City in Taguig.

Established in Asia in 2013 with a trailblazer mentality, FWD is the primary insurance business of investment group, Pacific Century Group.  FWD is focused on creating fresh customer experiences and making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD aims to become a leading pan-Asian insurer that changes the way people feel about insurance. > Statistics > Life > 2020 > Based on Paid-Up Capital > Statistics > Life > 2020 > Based on New Business Annual Premium Equivalent

Frequently Asked Questions

1. What are Variable Unit-Linked (VUL) insurance products?

VUL insurance products are life insurance products with an underlying investment component. Similar to traditional life products like the FWD Fight Plan, these VUL products provide coverage, benefits, and sum assured in case of defined events, such as death, disability, etc. However, VUL insurance products also provide the opportunity to earn returns of money invested in FWD’s Investment Funds. Part of the premium paid by the owner of the insurance covers the benefits of the policy contract while the remaining are used to purchase units of participation in the insurer’s selected investment funds.
With Security Bank and FWD, customers can choose to place the investment component of their VUL insurance products in 8 different funds.

2. Are there any risks involved in purchasing VUL insurance products?

The policy coverage in itself does not entail any risk on the part of the purchaser of the VUL product. However, because the product has an underlying investment in investment funds, which are highly dependent on the performance of the market, the amounts invested are not guaranteed of returns and are at risk of loss. The VUL insurance products are not deposit products and are not covered by the Philippine Deposit Insurance Corporation.