Rates
| Minimum annual premium | As low as PHP25,600 |
| Payment terms | 5, 10 years |
| Age of eligibility for the insured | 15 days to 65 years old |
| Coverage | Up to 100 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.
Features and services
Health screening benefit
Get 0.2% of your Benefit Amount starting on your 2nd policy anniversary to help monitor your health. This is payable every 2 years up to your 10th policy anniversary, as long as you haven’t made any major critical illness claims.
Up to 6x major critical illness benefit
Get 100% of the Benefit Amount when you’re diagnosed with a major critical illness, with 3x maximum claims for cancer, and 3x maximum claims for non-cancer.
Health supplement benefit
Upon diagnosis of your first major critical illness, you’ll receive this one-time benefit, which gives 2% of your Benefit Amount every month for six months to help with your recovery.
Minor critical illness benefit
Receive coverage equivalent to 25% of your Benefit Amount if you are diagnosed with any of the 15 covered minor critical illnesses.
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.
Death benefit or maturity benefit
If you never make a major critical illness claim, we’ll give you 100% of the Benefit Amount when you reach age 100 to celebrate the milestone on your policy anniversary. If you pass away before then without having made a major critical illness claim, we’ll give your beneficiary 100% of the Benefit Amount.
About FWD Life Philippines
FWD Life Insurance Corporation (FWD Life Philippines) launched its commercial operations in September 2014. As of end-2022, FWD Life Philippines ranks 3rd and 6th in terms of Paid-up Capital1 and New Business Annual Premium Equivalent2, respectively.
FWD Group is a pan-Asian life insurance business with more than 10 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD reached its 10-year anniversary in 2023. The company is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.
For more information, please visit fwd.com.ph.
1www.insurance.gov.ph > Statistics > Life > 2022 > Based on Paid-Up Capital
2www.insurance.gov.ph > Statistics > Life > 2022 > Based on New Business Annual Premium Equivalent