Overview
Wherever you are in life, FWD’s Set for Tomorrow provides solutions for your ever-changing financial protection needs with three easy-to-maintain and even easier on the budget life insurance plans that are with you in every step of your financial journey.
From loan protection, income protection during your prime working years, to smoother transfer of wealth, Set for Tomorrow’s three variants: Short Term Cover, Income Protector, and Estate Protector, allow you to protect your family’s future with an amount that makes sense to you personally and financially.
Available variants
| Short Term Cover Brochure |
Takes care of your outstanding short-term financial obligations such as loans and mortgages if you become incapable of paying for it due to your untimely death. |
|
Income Protector |
Covers you during your prime working years which allows you to provide for your family even when the worst happens. |
| Estate Protector Brochure |
Allows for a smooth transition of your wealth throughout your lifetime. |
Rates
| Minimum annual premium | PHP21,000 |
| Payment terms | One-time, 5, 10 or Regular Pay* |
| Minimum coverage amount | PHP1,000,000 |
| Age of eligibility for the insured | Short term cover: 70 years old Income protector: 60 yrs old Estate protector: 70 yrs old |
| Coverage | Short Term Cover: 5 or 10 years, can be extended up to 80 yrs old Income Protector: Up to 65 yrs old Estate Protector: Up to 120 yrs oldp 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.
* Regular Pay means clients will pay premiums until the expiry of the coverage.
Features and services
Life insurance coverage
We look after your family if the worst happens, by providing 100% of the coverage amount.
Terminal illness benefit
100% of the benefit amount will be given in advance when you are diagnosed with a terminal illness.
Overseas benefit
A 20% additional coverage amount will be provided if the worst happens while overseas.
Funeral benefit
10% of the life insurance coverage up to PHP100,000 will be given in cash in advance within the next 48 hours.
Spouse extension benefit
We extend an additional 100% coverage amount if an unfortunate event happens to you and your spouse as a result of the same accident, provided there is at least one child below 18 years old.
Waiver of premium benefit
We waive your future premiums in case of total permanent disability or when diagnosed with any of the 38 critical illnesses as defined in your policy contract.