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FWD Life Protection

FWD

Category

Whole Life

Coverage

Death, Total Permanent Disability, Terminal Illness

Coverage Term

Up to age 120

Overview

FWD Life Protection is a limited pay whole life plan that provides coverage against death, terminal illness, and total and permanent disability. Choose to increase your basic sum insured by up to 5x for up to age 75 or 85. When the life insured attains the selected multiplier expiry age, the multiplier benefit will reduce by 10% each policy year for five policy years and remain level at 50% throughout the rest of the policy term. You may also convert up to 80% of your policy value to annual income payouts from as early as 55 years old to support your retirement needs. Riders also available for critical illness protection.

Key Features

  • Boost your coverage and get up to 5 times the basic sum insured.
  • Multiply your coverage and get up to 5 times the basic sum insured.
  • Select an age at which your multiplier benefit gradually reduces by 10% each policy year for 5 policy years. Benefit will remain the same thereafter.
  • Covers for up to age 120

Earn up to 45% commission rebates*

*For eligible insurance plans only

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Understanding Whole Life Plan

Whole life insurance offers coverage for life and is commonly used for protection and legacy planning. This is unlike term insurance that only provides coverage for a specified period. Plans are usually offered on a participating basis and will accumulate cash value, allowing you to cash out should the need arise.

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Similar Plans

Essential Lifetime Secure

Etiqa

Covers:

Death, Total Permanent Disability, Terminal Illness

  • Multiply your coverage and get up to 5 times the basic sum insured.
  • Select an age at which your multiplier benefit gradually reduces by 10% each policy year for 5 policy years. Benefit will remain the same thereafter.
Singlife Flexi Life Income II

Singlife

Promo

Covers:

Death, Terminal Illness

  • 100% Capital guaranteed.
  • Receive yearly cash pay-outs of up to 5.2% of your sum assured.
  • Enjoy the flexibility of choosing when to start receiving cash pay-outs.
  • Pay-outs increase by 0.5% of your sum assured starting from 20 years after your first income payout or when you turn 60, whichever is later.
Complete Life Secure

Income Insurance

Covers:

Death, Total Permanent Disability

  • Boost your coverage with a Multiplier Cover of up to 500% until the age of 65, 75 or 80.
  • Option to convert a portion of your sum asssured into annual cash payout.
  • Purchase another life policy and increase death and total permanent disability coverage without a health assessment at specified major milestones.
Singlife Heritage Income

Singlife

Promo

Covers:

Death, Terminal Illness

  • Legacy Distribution Option for sub-policy splitting
  • Guaranteed breakeven as early as 2 years after Accumulation Period
  • Continuity features via Change of Life Assured and Secondary Life Assured.
  • 100% Capital Guaranteed from Policy Year 10 onwards.
LifeReady Plus II

Manulife

Covers:

Death, Total Permanent Disability, Terminal Illness

  • Enhance your protection up to 5X, till age 70 or 80.
  • Receive upfront premium discounts for the first 2 policy years, and continue to enjoy the discounted premium if you meet our health targets.
Singlife Whole Life Choice

Singlife

Covers:

Death, Terminal Illness

  • Boost your coverage by up to 400% of your base sum assured.
  • Select an age at which your additional cover gradually reduces by 12.5% per year over eight years.
HSBC Life Emerald Legacy Life III

HSBC Life

Promo

Covers:

Death, Terminal Illness

  • Coverage for death and terminal illness until age 120.
  • Choose to receive the death benefit payout in a lump sum or 2 to 10 annual instalments.
  • yearly basis instead of a lump sum
  • Enjoy a boosted higher guaranteed coverage up to age 85 or 99.
  • Receive a guaranteed surrender value of at least 82% of your single premium paid from day 1 (Single Premium plans only).
  • Secure your financial future with guaranteed cash value.
  • Create a lasting legacy for your loved ones with the option to change life insured.
  • Quit smoking incentive: Get 5% of the single premium refunded when the life insured quits smoking anytime within the first 4 years.