At a glance
| Minimum annual premium | As low as PHP9,000 per year* |
| Payment terms | 5, 10 or 20 years |
| Age of eligibility for the insured | 5-pay option: 15 days to 60 yrs old 10-pay option: 15 days to 55 yrs old 20-pay option: 15 days to 45 yrs old |
| Coverage | Up to 75 years old |
This financial product of FWD life insurance corporation is not insured by the philippine deposit insurance corporation and is not guaranteed by Security Bank.
Exclusions may apply including pre-existing conditions. Refer to the sales illustration for a list of exclusions. For more information, talk to your FWD Financial Solutions Consultant (FSC). This is for general information only. Refer to the policy contract for full details.
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* Premium amounts depend on the Insured’s Age and Profile
Benefits
Claim up to 3x
Finally! You’ve got a plan that doesn’t just stop when you make a claim for critical illness. Set for Health allows you to claim up to 3x against major critical illnesses.
Future premium payments waiver
If you get diagnosed with your first major critical illness, we’re waiving future premium payments so you don’t have to worry about paying for your plan during recovery and you can focus on what matters most—being well again.
100% premium payments back
Set for Health rewards you with 100% of all your premium payments back if you don’t claim for any major critical illness until the age of 75.
Additional 20% plan coverage
Set for Health also covers 15 minor critical illnesses. So, we’re giving you 20% on top of your other benefits to help you with the smaller medical expenses.
100% of your coverage at death
In case of death before age 75, we will look after your family by giving them 100% of your plan’s coverage amount so they can be financially worry-free.
Flexible payment terms
Set for Health covers you up to age 75, with our flexible payment terms that give you the choice and convenience of 5-year, 10-year, or 20-year options.
Accidental Hospitalization Income
gives your employee a benefit amount for each day of hospital confinement due to an accident.
Eligibility and Requirements
Easy application and hassle-free administration
means no medical examination required for employees ages 18-60 years old.
Eligibility and Requirements
Eligible Groups Employer
Employee groups with 3 to 25 employees
Employees
- All regular, full time and actively at work employees, 18-70 years old for Group Life Insurance at the time of application. Individual insurance expires upon reaching age 75.
- 18-65 years old for Accidental benefits at the time of application. Individual insurance expires upon reaching age 70.
Acceptable occupations:
Class 1 - Office type, non-hazardous occupations such as office personnel, medical representatives, insurance agents, sari-sari store owners, door-to-door salesmen, programmers, teachers and lawyers.
Class 2 - Jobs involved in limited exposure to occupational hazards (including limited manual labour, but not using machinery) such as watch repairmen, waiters/waitresses, jewellery merchants, site engineers, and technicians.
Class 3 - Skilled or semi-skilled occupation including those using light machinery such as warehouseman, auto mechanics, plumbers, messenger on foot, pipe fitters, mason, and domestic helpers.
Class 4 - Industrial jobs using heavy machines or unskilled jobs such as welders, cutters, bus/taxi/jeepey/truck drivers, and delivery men/messengers (on bike, motorcycle, truck/van).
Eligible Groups Employer
Employee groups with 3 to 25 employees
Employees
- All regular, full time and actively at work employees, 18-70 years old for Group Life Insurance at the time of application. Individual insurance expires upon reaching age 75.
- 18-65 years old for Accidental benefits at the time of application. Individual insurance expires upon reaching age 70.
Acceptable occupations:
Class 1 - Office type, non-hazardous occupations such as office personnel, medical representatives, insurance agents, sari-sari store owners, door-to-door salesmen, programmers, teachers and lawyers.
Class 2 - Jobs involved in limited exposure to occupational hazards (including limited manual labour, but not using machinery) such as watch repairmen, waiters/waitresses, jewellery merchants, site engineers, and technicians.
Class 3 - Skilled or semi-skilled occupation including those using light machinery such as warehouseman, auto mechanics, plumbers, messenger on foot, pipe fitters, mason, and domestic helpers.
Class 4 - Industrial jobs using heavy machines or unskilled jobs such as welders, cutters, bus/taxi/jeepey/truck drivers, and delivery men/messengers (on bike, motorcycle, truck/van).