5 Things You Need to Know About the FWD Peace Plan

Terror can happen anywhere, anytime. Should you become a victim of one, are you and your family protected? FWD’s innovative and one-of-a-kind Peace Plan lets you prepare for the unimaginable. Read on to learn how.

by Nathan Arciagal, 15 September 2017

Leave worries behind and travel with peace of mind with FWD’s Peace Plan.

With everything that’s happening here in the Philippines and around the world, watching the news lately is enough to turn anyone into an anxiety-ridden hermit. But something like FWD’s Peace Plan can go a long way in making sure that we all travel, work, go about our business, and LIVE, with peace of mind. 
But what exactly is this insurance plan, and how does it work to protect you and your family from modern-day worries? Here are five things you need to know about it. 

It’s the First of its Kind 
With our country’s history of armed conflict, you’re probably surprised to learn that FWD’s Peace Plan is the first-ever insurance plan to address, specifically, this need for security in the event that you find yourself at the wrong place, at the wrong time. In fact, many insurance policies DO NOT cover claims arising from terrorist attacks. FWD is shaking up the local insurance scene with its out-of-the-box approach toward protection and security (they also offer a Fight Plan, an insurance and health plan specifically designed for people with cancer), and the Peace Plan is truly a game-changer. 

It’s Incredibly Affordable 
PhP2,000 buys you a year of not having to worry about being a victim of terrorist activities and not having anything set aside for your family. This is called the Personal Peace Plan and anyone, even students, as long as you are above 18, can avail of it. You may also choose to go for the Family Peace Plan so you can also have certain members of the family covered. This costs only an additional PhP1,000. 

It's Easy to Get One
The FWD Peace Plan requires no medical tests, and requires no additional documents if you’re already insured. Getting one for yourself and other members of your family is as simple as going to the FWD website, typing in your information and making the decision to buy. It’s available 24/7 and can be bought from wherever you are in the world. 

It Offers Quite an Extensive Coverage 
Should death or disability result from your presence at the site of a terrorist attack, FWD will give you a benefit of one million pesos. The same applies to family members whom you may have also purchased it for. Examples of covered disability are, but are not limited to, total and irreversible loss of sight, hearing, and mobility. 

Limitations 
Like any other insurance policy, FWD’s Peace Plan does have its limitations. You or your family cannot make a claim if you’re actually one of or involved with the terrorists, or if you are currently engaged in any activity that may or may not be connected to the attack, but have been declared illegal by the government.

Renewal and Cancellation 
The plan has you covered for an entire year and you will be notified 30 days prior to the policy’s anniversary. This is when you get to renew the policy. What if you signed up, paid for it, and then realized that it’s not the product that best suits your needs? That’s okay, there’s a 15-day grace period wherein you can cancel. Just put your desire to cancel in writing and you will get a full refund. 

For more information about FWD’s Peace Plan, https://www.fwd.com.ph/en/protect/life/peace/.