Have the confidence to follow your dreams knowing you and your loved ones’ are protected from unexpected financial burdens of a critical illness and common diseases in the Philippines.
Life insurance plan that’s easy on the budget and allows you to enjoy life while financially protecting you and those you care about.
KanDuu covers you, so you CAN DO everything you want in life with no hesitations.
We’ve made it even more convenient for you to enjoy life with our hassle-free payment system by giving you the freedom of choice. Choose a payment method that is more suitable for your needs.
FWD is dedicated to safeguarding all our stakeholders’ interests—from business partners to employees, to our shareholders, community members, and customers—in a balanced and transparent manner, as shown in its ASEAN Corporate Governance Scorecard.
Company's corporate governance framework protects and facilitates the exercise of all stakeholders' right. (Uploaded on July 13, 2020)
Company ensures fair treatment of all shareholders and protects its minority shareholders (Uploaded on July 13, 2020)
Company has initiated and executed policies and activities to respect, defend, and promote the rights of its stakeholders. (Uploaded on July 13, 2020)
Company practices full and more transparent disclosure in order to deter against corporate governance malpractices (Uploaded on July 13, 2020)
Company clearly provides information regarding the Board's duties and responsibilities. (Uploaded on July 13, 2020)
This section contains additional items in the Corporate Governance Scorecard, pertaining to shareholders' rights and roles, the Board's responsibilities, as well as disclosure and transparency requirements, amongst others. (Uploaded on July 13, 2020)
Company is guided by these set of standards as detailed in the policies.
We believe that an ethically-governed Company could only be made possible with the utmost cooperation of our stakeholders -- our directors, officers, employees, financial advisers, business partners, third party suppliers, and the public.
Speaking up about any wrong doing on our part, including but not limited to, breaches of policies, violations of law, bribery and corruption, is encouraged and Company will promptly address such reports.
FWD Life Philippines strictly adheres to fair trading practices. Our Corporate Governance Manual requires everyone to disclose any instance of conflict of interest that may display bias for or against any entity. If a conflict of interest exists, we require our Officers, Directors, and employees to disclose their interest and/or dealings within three (3) days from the discovery. Additionally, they may not participate in any activity involving information that is not readily available to the public.
The Company has adopted a Related Party Transactions (RPT) Policy to ensure that RPTs are conducted in the regular course of business and not undertaken on more favorable economic terms in favor of related parties. In this line, FWD LifePhilippines established a Board Level RPT Committee to assist the Board in its assessment of all RPTs and ensure that related parties are handled in a sound and prudent manner, with integrity, and in compliance with applicable laws and regulations. RPTs are properly disclosed in our audited financial statements, and other applicable filings required by the Insurance Commission.
The Company strictly adheres to Philippine laws on Anti-Bribery and Anti-Corruption. FWD Philippines adopts an Anti-Bribery and Gifts and Entertainment policy that provides guidance on how and/or when gifts and/or benefits may be accepted, and/or offered.
FWD has a formal anti-fraud program that covers potential employee, distributor and customer fraud that features a range of detection processes to minimize fraud occurrence. In accordance with IC Circular 2016-50, FWD submitted the Anti-Fraud plan for review, this plan will be reviewed and updated as needed to cater for potential changes in the fraud landscape.
Company’s scorecard documentary requirements
Company’s updates and yearly performance