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14 November 2016, Philippines – The increasing threat of terrorist acts is a very real concern now affecting ordinary people all over the world. It’s hard to talk about, because generally, we feel there is nothing we can do about the hatred that drives such random acts of violence, often against completely innocent bystanders.
The Philippines is also known for its millions of overseas workers living and working all over the world and, more recently, home of globe-trotting Filipino adventure-seekers who travel in and out or around the country. Whether traveling locally or globally for employment or pleasure, Filipinos and Philippines residents are now potentially more exposed to the risk of terrorist incidents, and can be physically and financially adversely affected if they happen to be in the wrong place at the wrong time.
With this in mind, FWD Life Philippines, the country’s fastest-growing life insurance company, has developed the innovative Peace Plan to encourage Philippine nationals and residents to live free and without fear, if the unthinkable happens and they or their immediate family members get caught up in any act of terror.
FWD Peace: first-of-its-kind and game-changing
While many insurance policies specifically exclude claims arising from terrorist attacks, FWD Philippines has reacted to the concerns and needs of Filipino consumers and developed and priced the FWD Peace plan to specifically cover this risk. As the first insurance product of its kind in the country, FWD Peace offers relevant, affordable financial protection in the event of death or serious disability, providing much needed peace of mind against acts of terrorism in the Philippines or anywhere in the world, without exclusion.
Individuals, 18 years old and above, can avail of the Personal Peace plan at Php2,000, and those who wish to extend coverage to family members (legal spouse and children under the age of 18) may opt for Family Peace at only Php3,000. Peace provides Php 1 million coverage to each individual covered under the plan for one year, and can be renewed annually. Purchasing the product is simple, hassle-free, and only takes a few minutes online via www.fwd.com.ph, irrespective of age and without the need for any medical test.
“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,” shared FWD Philippines President and CEO Peter Grimes. “We can’t stop acts of terrorism from happening but we can and should be financially prepared in case the unthinkable happens.”
“Personal and Family Peace are designed to offer meaningful financial protection that Filipinos will now have easy access to, whatever their profession might be, and wherever and whenever they need it,” related FWD Head of Marketing Roche Vandenberghe. “In this regard, we have priced Peace with extremely affordable premiums that makes Peace affordable to everyone. Applications need only minimal requirements and we are offering it online, so Filipinos can easily, conveniently, and safely purchase it for themselves and their loved ones through our secure e-commerce website.”
For more information about FWD Peace or to purchase one for yourself or your family, visit www.fwd.com.ph.
FWD Life Insurance Corporation (“FWD Life”) is the first life insurance company licensed by the Insurance Commission of the Philippines under the new Insurance Code. FWD launched its commercial operations in September 2014. After its first full year of operations in 2015, FWD Life now ranks #13 in terms of total premium income according to the Insurance Commission’s end-2015 report.1 FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, and Vietnam, offering life and medical insurance, general insurance, and employee benefits across a number of its markets. Established in Asia in 2013, FWD is the insurance business arm of investment group, Pacific Century Group.
FWD is focused on creating fresh customer experiences, with easy-to-understand products, supported by leading digital technologies. Through this customer-led approach, FWD will achieve its vision to become the leading pan-Asian insurer that changes the way people feel about insurance.