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 |
₱50,000 per year for five years *For the variant with a payment term of up to age 99, riders SurePro for Owner and SurePro for Insured are not attachable. |
| Payment Terms | 5, 7, 10 Years or Whole Life1 |
| Age of Eligibility for the Insured | 15 days old to 70 years old |
| Coverage | Up to 100 years old |
Benefits
Protection for you and the wealth you build
With the combined benefits of life insurance and investment, you and your family can pursue your dreams and aspirations, whatever the future holds. Let FWD’s diverse selection of funds empower you to build wealth, protect your assets, and fulfill you goals.
Simple and worry-free
Low, minimum annual premium of at least:
* PhP 40,000 per year for 5 years
* PhP 30,000 per year for 7 years
* PhP 24,000 per year for 10 years or up to age 99
Loyalty Bonus
The longer you keep your plan active, the greater its potential to grow. When you stay invested on the 10th year and every 5 years thereafter, FWD will reward you with a loyalty bonus that allows your investment earnings to increase.
Coverage up to 100 years old
Being protected this long allows you to do greater things with the time you have.
Extend your coverage with great value add-ons!
LifePro
Life Insurance Add-On
Additional cash benefit:
- Upon death or terminal illness
- Should the insured pass away anywhere in the world
- Should the insured or his spouse pass away in the same accident provided there is at least one minor surviving child
SafetyPro
Accident Insurance Add-On
Additional cash benefit upon death due to accident. Receive 3x the accidental death benefit if the accident happens on a covered Philippine holiday.
RecoveryPro
Hospital Cash Benefit Add-On
Get additional cash benefit for every day that the insured is confined in a hospital. Receive 2x the cash benefit if the insured is admitted in the Intensive Care Unit.
HealthPro
Multiple Critical Illness Add-on
Additional cash benefit:
- Upon death
- For 42 unrelated major critical illnesses, claimable 3x
- For 15 minor critical illnesses
HealthPro Lite
Critical Illness Add-on
Additional cash benefit:
- Additional cash benefit for 42 major critical illnesses, claimable once
- Advance a portion of the major critical illness benefit if diagnosed with any of the 15 minor critical illnesses
SurePro for the Insured
Waiver of Premium Insured Add-On
Ensures the plan continues in case the insured becomes incapable of paying due to:
- Any of the 42 covered critical illnesses
- Total and permanent disability
SurePro for Owner
Waiver of Premium for Owner Add-on
Guarantees the plan remains active should the policy owner becomes incapable of paying due to:
- Any of the 42 covered critical illnesses
- Total and permanent disability
- Death
With SurePro for Insured and SurePro for Owner, FWD will take care of paying for the basic, add-on, and regular top-up payments if any.
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 Advisor.
Choose from the Set of Life Lifestyle Bundles that suit you and your family’s needs
| Accident | Life | Health | All-In | Babyproof | |
| Bundle | Set for Life SafetyPro SurePro for Insured |
Set for Life LifePro SurePro for Insured |
Set for Life HealthPro RecoveryPro SurePro for Owner |
Set for Life LifePro HealthPro SafetyPro RecoveryPro SurePro for Owner |
Set for Life Recovery Pro SurePro for Owner |
| Suitable for | Suitable for young breadwinners. This bundle provides additional financial protection in case of death due to accident | Suitable for new families. This bundle allows you to use your plan’s investment earnings to cover future needs like child’s education. | Suitable for young breadwinners. This bundle provides additional financial protection against major and minor critical illnesses. | Suitable for young breadwinners. This bundle provides additional financial protection for risks involving health, life and accident. | Suitable for babies! Babyproof their future with this bundle that gives them protection and investment early on to cover future needs. This comes with hospital benefit in case of confinement and if the owner becomes incapacitated, premium payments will be waived. |
| Premium Amount* | ₱2,085 / month
Based on insured male age 30 with add-on coverage up to age 60 for a 10-year payment period. |
₱2,269 /month
Based on insured male age 30 with add-on coverage up to age 60 for a 10-year payment period. |
₱2,923 /month
Based on insured male age 30 with add-on coverage up to age 60 for a 10-year payment period. |
₱3,147 /month
Based on insured male age 30 with add-on coverage up to age 60 for a 10-year payment period. |
₱2,673 /month
Based on insured male 15 days old and female policy owner age 30. Add-on coverage up to age 60 for a 10-year payment period. |
*Exclusions may apply.
Below are the underlying investment funds for Peso VULs. 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 Diversity Fund
( Aggressive)
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 Good Peso ESG Fund
(Aggressive)
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