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Bancassurance
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: P18,000
Payment Terms: 5, 7, 10 Years/Whole Life
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.
Experience a new way of viewing
your policy details, monitoring
your investments, and paying
your premiums online!
Protection Plans
Fight Plan
Min. Annual Premium: As Low As P6,000
Payment Terms: 5 or 10 years
Coverage: 15 years from issuance
Peace Plan
Min. Annual Premium: Personal P2,000
Payment Terms: Renewable yearly
Coverage: 1 year from issuance
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. Single Premium: P21,000
Payment Terms: One Time, 5, 10, or Regular Pay
Coverage: Up to 120 y.o.
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.
Retirement
Start planning for a comfortable retirement
Emergencies
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! |
– P18,000 for 10 years or Whole Life 1 – P30,000 for 5 or 7 years |
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 |
| 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 |
| 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 |
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 |
– Financial benefit for up to three (3) unrelated major critical illnesses up to age 75 |
| Fight Plan Fight the Big C in easy terms |
As low as P6,000 per year2 | 5 or 10 years | 18 to 60 years old |
– Financial benefit upon diagnosis of any form of cancer, up to P2M |
| Peace Plan Get protection from acts of terrorism for only P6 a day |
– Personal Peace: P2,000 |
Renewable yearly |
– Personal Peace: 18 years old and above |
– Financial benefit up to P1M per insured individual for death or disability due to a Terrorist Act |
| Set for Tomorrow Get a solution suitable for your needs against unforeseen life risks. |
P21,000 |
One time, 5, 10, or Regular Pay3 |
– Short Term Cover: 70 y.o. |
– Three (3) available variants suitable for short and long-term needs |
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.
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 funds.
Click on a fund icon to view its Monthly Performance Report.
FWD Peso Fixed Income Fund
(Conservative)
FWD Peso Bond Fund
(Conservative)
FWD Peso Balanced Fund
(Moderate)
FWD Peso Stable Fund
(Moderate)
FWD Peso Equity Index Fund
(Aggressive)
FWD Peso Equity Fund
(Aggressive)
FWD Peso High Dividend Equity Fund
(Aggressive)
FWD Peso Growth Fund
(Aggressive)
FWD Global US Dollar Equity Index Fund
(Aggressive)
About FWD
FWD Life Insurance Corporation (“FWD Life”) is the first life insurance company licensed by the Insurance Commission of the Philippines under the new Insurance Code. FWD launched its commercial operations in September 2014. By March 2017, FWD Life is the highest-capitalized life insurer in the Philippines with PhP 2.3 billion in paid-up capitalization.1 Based on premium income data published by the Insurance Commission2, FWD Life now ranks 10th in the insurance industry in terms of weighted new business premiums.3FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, and Japan, offering life and medical insurance, general insurance, and employee benefits across a number of its markets. Established in Asia in 2013, FWD is the insurance business arm of investment group, Pacific Century Group. In the Philippines, FWD has nine business hubs located in key cities nationwide with its headquarters in Bonifacio Global City in Taguig.
FWD is focused on creating fresh customer experiences, with 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.
For more information please visit fwd.com.ph.
1 www.insurance.gov.ph > Statistics > 2017 > Based on Paid-Up Capital
2 www.insurance.gov.ph > Statistics > 2017 > Based on Premium Income
3 Weighted New Business Premium Income: 100% of first-year premium on regular-pay plans + 10% of single-pay premiums
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.