FWD Life Insurance Products
FWD Life Insurance Products
FWD Life Insurance Products
Propositions
Current solutions
Individual portfolio
Protection
Investment
Life Health
Peace Set for Health Set for Life All Set/All Set SIO All Set Higher US Dollar All Set
Higher
2
Traditional
products
2
Set for Health
Set for Health
1 Short Term Cover (5- & 10- Year Renewable and Convertible Plan)
• Takes care of your outstanding loans and obligations if you
become incapable of paying for it due to your untimely demise.
Key Features:
• Coverage for 5 and 10 years
• Can be renewed after 5 and 10 years
without underwriting and can change
the coverage after renewal subject to
terms and conditions
• Can be converted to a variable life plan
after 5 and 10 years without
underwriting, provided the coverage
remains the same.
Key Features:
• Provides a guaranteed Life Insurance
Coverage until age 55, 60, or 65
• Premiums will be waived in case of
total and permanent disability due to
accident or diagnosis of a Critical
Illness
• Can be converted to a permanent plan
• Key Features:
• Provides a guaranteed Life Insurance
Coverage until age 120. Benefit is
also paid out if the client is alive by
age 120
• Premiums will be waived in case of
total and permanent disability due to
accident or diagnosis of Critical
Illness
• Can be converted to a Variable Life
plan but client should understand
the risks. (ex. Guaranteed to not
guaranteed, coverage from 120 to
100)
*This benefit is payable once after which it terminates, subsequent premiums do not reduce as a result of an
Early Stage Cancer Benefit being paid.
Peace Plan
Peace Plan
Peace is the first and only yearly renewable insurance coverage
product specifically designed to give you and your loved ones
financial peace of mind in the event of death or disability as a
direct result of a Terrorist Act in the Philippines and anywhere in
the world.
Peace Plan
Coverage for death or disability
due to a Terrorist Act, maximum
of PhP 1M per insured. Coverage options
Choose your plan option – Personal Peace
Personal Peace or Family Peace Personal Cover (individual)
PhP 1M coverage amount
Apply online in minutes. No PhP 2,000 Annual Premium
medical test required.
Family Peace
Family Cover (individual, spouse, and
Guaranteed approval as long as children below 18)
you’re a Filipino citizen or a
PhP 1M coverage amount per insured
Philippine resident.
family member
Protection anywhere in the world. PhP 3,000 Annual Premium
Coverage for 1 year with an option
to renew every year
Basic features
FWD will pay PhP 1M for each insured that suffers any of the following
disabilities as a direct result of a Terrorist Act:
Top Up 5%
Note: For Top-ups 95% is allocated to the fund
Set for Life
Premium Charges and Fund Allocation
Set for Life 10 PAY Set for Life Whole Life PAY
Policy Premium Allocated Policy Premium Allocated
Year Charge to Funds Year Charge to Funds
1 90% 10% 1 90% 10%
2 60% 40% 2 75% 25%
3 35% 65% 3 40% 60%
4 0% 100% 4 0% 100%
5 0% 100% 5 0% 100%
6 0% 100% 6 0% 100%
7 0% 100% 7 0% 100%
8 0% 100% 8 0% 100%
9 0% 100% 9 0% 100%
10 0% 100% 10 0% 100%
Set for Life
Death Benefit
b
Higher of:
a Sum Assured
b Account Value
(illustration: not guaranteed)
a
c Minimum Death Benefit
500% of Annual Regular Premium c
+125% of all Top-Ups (Regular & Ad-Hoc)
-125% of all Partial Withdrawals
Set for Life
Maximum Flexibility
Max Multiple Max Multiple Max Multiple Max Multiple
Issue Age 5 Pay 7 Pay 10 Pay Whole Life
0-10 37 52 70 213
11-20 26 37 49 145
21-30 18 26 35 96
31-40 12 18 24 59
41-50 9 12 16 35
51-60 6 8 11 19
61-70 5 6 7 10
Annual Premium Sum Assured / Multiplier Rate
Sum Assured Annual Premium X Multiplier Rate
Set for Life
Features & Benefits Timeline
PROTECTION OR COVERAGE PERIOD
(up to age 100)
INSURED-OWNER
MATURITY
BENEFIT =
may be withdrawn in partial or full ACCOUNT
LOYALTY BONUS (No. of Units x NAVPU) VALUE
ACCOUNT VALUE DEATH BENEFIT (whichever is higher)
• Sum Assured
• Account Value
• Min. Death Benefit
Policy Year 10
PED
policy 50yo 70 yo 100 y/o
effective Premium Paying Period
(ex. 10 years to Pay)
date
LOYALTY BONUS Equivalent of 2% of Average Monthly Account Value
(AMAV) for the past 5 years payable at the end of the 10th policy year and
every 5 years as long as policy has not been reinstated. Non-guaranteed
depends on actual performance of fund.
BPI Peso Balanced Fund Invested on high equality peso dominated equities, 2.00% Moderate /
domestic gov’t and corporate debt instruments and money Balanced
market securities
BPI Peso Equity Fund Invested on peso dominated equities and money market 2.00% Aggressive
securities
SBC Peso Bond Fund Medium to long term fixed income securities such as 1.75% Conservative
corporate securities, select corporate bonds and other
marketable instruments
SBC Peso Stable Fund Combination of equity investments in the PSE and other 2.00% Moderate/Balanced
instruments like government securities and bonds
SBC Peso Growth Invested mainly into selected equity investments listed in 2.00% Aggressive
the PSE
SBC Peso High Dividend Invested in listed equity security of Philippine companies 2.00% Aggressive
Equity Fund that offer high dividend pay-outs
Peso Equity Index Passively managed fund which mirrors the return of the top
SBC 1.50% Aggressive
Fund 30 listed companies in the PSEi.
Maira Mojica
Corporate Business Head
50 years old
The company is headquartered in New York City, USA. Formerly known as ‘Morgan
Stanley Capital International’ and ‘MSCI Barra’.
What is the MSCI All Country World Index? This is a highly diversified index that includes over 1,000 large companies and which
https://www.msci.com/acwi provides global exposure to countries that belong in both Developed Markets (DM)
and Emerging Markets (EM).
Investors have access not only to large and stable economies through 23 Developed
Markets, but also to rapidly growing economies through 24 Emerging Markets. The
largest companies in the world are included in this index, such as:
1 https://en.wikipedia.org/wiki/MSCI 30
Riders Set for Life Set for Life All Set All Set
(5 to 10 pay) (7 or WL Pay) (Single Pay) (Single Pay)
Regular SIO/Higher
Underwriting Dollar
Waiver of Premium on
Insured (WOPI) a
Waiver of Premium on
Owner (WOPO) a
Accidental Death
Benefit Rider (ADB) a a a
No riders
Hospital Cash Benefit
Rider (HC) a a a
Critical Illness Benefit
Rider (CI) a a a
38 Critical Illnesses
Life Assist Rider (LA)
• Insured Death Benefit
•
•
Terminal Illness Benefit
Funeral Advancement
a a a
Benefit
• Spouse Extension Benefit
• Overseas Benefit
RIDERS All Set All Set
Set for Life Set for Life
(Single Pay) (Single Pay)
(Supplementary (5 to 10 (7 or WL
Regular SIO/Higher
Pay) Pay)
Benefit) Underwriting Dollar
WOPI
Waiver of Premium Insured
WOPO
Waiver of Premium Owner
ADB
Accidental Death Benefit No Riders
HCB
Hospital Cash Benefit
CI
Critical Illness
LA
Life Assist
2
What is
Corporate Care?
2
Who is
Corporate Care?
We offer companies employee benefits and help protect their employees.
Higher Terminal Illness Benefit (TIB) 100% of GLI, up to P2M 50% of GLI, up to P500K
LiveSafe WorkSafe
Benefit
PLAN PLAN PLAN PLAN
Benefit Type Amount
1 2 3 4
One (1) Unit
Group Accidental Death, Dismemberment
200,000 √ √ √ √
& Disability Insurance
Family Assistance Benefit 10,000 √ √ √ √
2
FWD Insurance
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2017