Set for Life VUL

Get a lifetime of protection while your money grows with this easily customizable insurance plan.

At a Glance

 

Minimum Annual Premium – P24,000 for 10 yrs or Whole Life1
– P30,000 7 years
– P40,000 for 5 years
Payment Terms 5, 7, 10 Years or Whole Life1
Age of Elibility for the Insured 15 days old to 70 years old
Coverage Up to 100 years old
1Whole Life VUL means paying period is until age 99.

Benefits

Affordable Premiums

Low, minimum annual premium of at least:
* PhP 40,000 for 5 years
* PhP 30,000 for 7 years
* PhP 24,000 for 10 years or up to age 99
You also get a minimum death benefit of 5x your annual premium.

Lifetime Protection

Coverage up to 100 years old

Choice of Underlying Investment Fund Option

Invest in a variety of FWD funds that allow you to potentially grow your wealth. (View underlying fund options HERE)

Manage your Account Online

Fund switch and fund allocation can be done online, anytime, as your needs change.

Loyalty Bonus

On your 10th year and every 5 years thereafter, your investment earnings increase.

Maximize  Your Plan with these Add-Ons

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

Life Assist Benefit

With just one rider, get 5 additional protection benefits to support your loved ones in case of illness or death.

Accidental Death Benefit

FWD pays the coverage amount 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 the insured is confined. If ICU confinement, get twice the benefit.

Critical Illness Benefit

Receive a one-time payment if insured is found to have any of the 38 covered illnesses (e.g. cancer, stroke, heart attack, renal failure).

Waiver of Premium Benefit

Premium payments are waived in case of death, permanent disability or critical illness of the Policyowner.

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

Other Products

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.

THIS FINANCIAL PRODUCT OF FWD LIFE INSURANCE CORPORATION IS NOT INSURED BY THE PHILIPPINE DEPOSIT INSURANCE CORPORATION AND IS NOT GUARANTEED BY SECURITY BANK.

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

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