Insurer offers anti-terror coverage

Insurer FWD Philippines has developed an insurance plan covering victims of terrorist acts.

FWD's "peace plan" provides a P1 million coverage for terror attacks victims. The plan can be renewed annually.

Individuals can buy the insurance for P2,000, and P3,000 for those who opt to extend the coverage to immediate family members.

“The nature of the risk we face in today’s world is constantly changing but with Peace, FWD offers Filipinos and Philippine residents financial peace of mind from terrorism, wherever they may be in the world,” FWD Philippines President and CEO Peter Grimes said in a statement on Thursday.

By: Ted Cordero

News Source: GMA Network