At a Glance
| Minimum annual premium | PHP20,460 per year for whole life or up to age 99*. PHP50,000 per year for five years PHP30,000 per year for ten years |
| Payment terms | 5, 10 years, or whole life |
| Age of eligibility for the insured | 15 days old to 70 years old |
| Coverage | Up to 100 years old |
* For the variant with a payment term of up to age 99, riders SurePro for Owner and SurePro for Insured are not attachable.
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.
Benefits
Protect and invest
Grow your fund for lifetime protection and investment subject to fund performance, and save your child’s education or retirement.
Build your wealth
Invest your money in diverse funds that may potentially have higher returns than a traditional savings account.
Loyalty bonus
Get a non-guaranteed cash reward on the 10th year of your policy, recurring thereafter every five years.
Waive future payments
We’ll pay your premiums once you’re diagnosed with a major critical illness or permanent disability so you can focus on your health. Built-in for 5-year and 10-year pay.
Accidental death coverage
Get an additional cash benefit should you pass away due to an accident before age 75. Receive 3x the benefit if it happens on a covered Philippine holiday.
Life cover until 100 years old
Should you pass away, your beneficiary will receive 100% of the benefit amount, the account value, or the minimum death benefit whichever is higher.
Customizable coverage
Upgrade your insurance coverage with a variety of great value add-ons – such as HealthPro, HealthPro Lite, RecoveryPro, and LifePro.
Choose from the Set of Life Lifestyle Bundles that suit you and your family’s needs
| Accident | Life | Health | All-In | Babyproof | Family Hero | |
|---|---|---|---|---|---|---|
| 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 |
Set For Life
HealthPro RecoveryPro SurePro for Insured |
| 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.
|
Suitable for OFW Families. This bundle provides additional health and investment protection that covers your family’s health while potentially growing your money.
|
| Premium Amount* |
PHP2,085 / month Based on insured male age 30 with add-on coverage up to age 60 for a 10-year payment period. |
PHP2,269 /month Based on insured male age 30 with add-on coverage up to age 60 for a 10-year payment period. |
PHP2,923 /month Based on insured male age 30 with add-on coverage up to age 60 for a 10-year payment period. |
PHP3,147 /month
Based on insured male age 30 with add-on coverage up to age 60 for a 10-year payment period.
|
PHP2,673 /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.
|
PHP3,893 /month
Based on insured male age 30, PHP500K benefit amount, PHP500K add-on benefit amount, PHP1K hospitalization, with add-on coverage up to to age 60 for a 10-year premium payment period.
|
*Exclusions may apply.
VUL fund options
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 Peso Velocity Global Payout 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
FWD Peso Nitro Global Payout Fund
Aggressive
Other products
Frequently asked questions
Set For Life Limited Pay decommissioning
I'm an existing Set for Life Limited Pay policy holder, what will happen to my plan?
Your Set for Life Limited Pay Policy will not be affected. All the features and benefits stated in your Set for Life Limited Pay Policy will remain the same. Your current policy will not be transferred or converted to FWD Set for Life Plus. As long as premiums are complete and paid on time, your Set for Life policy will be in force.
I recently bought Set for Life Limited Pay policy holder, but I saw FWD Set for Life Plus, can I change or upgrade my plan to FWD Set for Life Plus instead?
Unfortunately, you cannot change your plan from Set for Life Limited Pay to FWD Set for Life Plus. Should you want additional protection, you may avail of Set for Life Plus separately.