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

Why Should I Get Life Insurance?

Long Term Investment

Start saving
for retirement.


Help your children
achieve their dreams.

Family Protection

Secure your
family’s finances.


Get coverage
for emergencies.

FWD’s Peace Plan gives you ₱1 Million coverage from acts of terror for only ₱6 a day.

Choose a plan that suits your lifestyle!

Variable Unit Linked (Insurance with Investment)

Set for Life VUL

Minimum Annual Premium: As Low As P18,000
Payment Terms: 5, 7, 10 Years or Whole Life
Coverage: Up to 100 years old

All Set VUL

Minimum Single Premium: P100,000
Payment Terms: One Time
Coverage: Up to 100 years old

All Set Higher VUL

Minimum Single Premium: P1,000,000
Payment Terms: One Time
Coverage: Up to 100 years old

US Dollar All Set Higher VUL

Minimum Single Premium: $20,000
Payment Terms: One Time
Coverage: Up to 100 years old

Other products to choose from

Protection Plans

Fight Plan

Minimum Annual Premium: As Low As P6,000
Payment Terms: 5 or 10 years
Coverage: 15 years from issuance

Set for Health

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

Peace Plan

Minimum Annual Premium: Personal P2,000
Payment Terms: Renewable yearly
Coverage: 1 year from issuance

Compare Products
Set for Life VUL All Set VUL
All Set Higher VUL 
US Dollar All Set Higher VUL  Fight Plan Set for Health  Peace Plan
Minimum Annual Premium P18,000 for 10 years or Whole Life1, P30,000 for 5 or 7 years P100,000 P1,000,000 US $20,000 As low as P6,000 per year2 As low as P12,000 per year2 Personal Peace: P2,000
Family Peace4: P3,000
Payment Terms 5, 7, 10 years, or Whole Life1 One-time One-time One-time 5 or 10 years 5, 10 or 20 years Renewable yearly
Age of Eligibility for the Insured 15 days old to 70 years old 15 days old to 75 years old 15 days old to 75 years old 15 days old to 75 years old 18 years old to 60 years old 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
Personal Peace: 18 years old and above
Family Peace: Covers the Policy owner who should be 18 years old and above, his/her spouse, and his/her children below 18 years old.
Coverage Up to 100 years old Up to 100 years old Up to 100 years old Up to 100 years old 15 years from issuance Up to 75 years old 1 year from issuance
Investment linked
Loyalty Bonus after the 10th year and every 5 years thereafter after the 10th year and every 5 years thereafter after the 10th year and every 2 years thereafter after the 10th year and every 2 years thereafter
Optional Riders to maximize protection (add on)
No Medical Exam
Financial benefit
  • Life Coverage
  • Opportunity for investment gains
  • Life Coverage
  • Opportunity for investment gains
  • Life Coverage
  • Opportunity for investment gains
  • Life Coverage
  • Opportunity for investment gains
  • Upon diagnosis of any form of cancer
  • Up to three (3) claims for unrelated major critical illnesses until age 75
  • Life Coverage
  • For a maximum of P1M per insured individual, for death or disability due to a Terrorist Act.
Other Features
  • Provides flexible options to let you maximize your returns & benefits
  • Simplified underwriting for eligible applicants
  • No premium charges – All funds are invested
  • Provides global diversificaton of your US Dollar-denominated investment
  • Access to a well-balanced portfolio of worldwide investment
  • Up to P2M benefit
  • 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
  • Guaranteed approval for Filipino citizens and Philippine residents.
  • Protection anywhere in the world, with option to renew every year

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

Add-On Benefits You Can Choose From

(Only for Set for Life VUL and All Set VUL)

Life Assist Benefit

With just one rider, get 7 additional protection benefits to support your loved ones in case of illness or death

Accidental Death Benefit

Get benefits in case of accidental death. If it occurs on a Philippine Public holiday, get thrice the benefit.

Hospital Cash Benefit

Guaranteed amount for each day that you are confined. If ICU confinement, get twice the benefit.

Critical Illness Benefit

Get one-time payment on any of the 38 defined illnesses (e.g. cancer, stroke, heart attack, renal failure).

Waiver of Premium Benefit

You are covered in case of death, permanent disability or if found to have any of the 38 defined illnesses.

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.3

FWD 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


1 > Statistics > 2017 > Based on Paid-Up Capital

2 > 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.