FWD launches new Set for Life Plus with more benefits to support life’s plus-ibilities

In recent years, more Filipinos have embraced shifting lifestyles and achieved success outside traditional paths compared to previous generations. The Philippine Institute of Development Studies recently reported how 30-40% of the employed workforce have careers that do not align with their educational background. Recent trends also indicate that most young Filipinos are delaying marriage or having kids to prioritize personal passions, fuelled by changing aspirations and economic realities.

Recognizing these evolving priorities, FWD Philippines introduces Set for Life Plus, an investment-linked insurance that complements young Filipinos who want to explore life’s plus-ibilities—be it as a parent, an entrepreneur, a hobbyist, and more.

The plan guarantees life protection with up to 25% Start-up Bonus, plus a one-time Guaranteed Milestone Increase that can be activated upon hitting major life goals such as getting married, having a new baby, graduating, buying a new real estate property, retiring, or celebrating the policy’s 10^th anniversary.

A Loyalty Bonus is also awarded in the 10^th year of the policy, plus every 5 years after. A Premium Extension Bonus of 2% is also invested in the account when premium payments are continued after the required period.

Accidental death coverage and waiver of premium are also already included in the benefits. Policyholders can also customize according to their needs and add coverage such as additional life protection, hospital cash benefit, and critical illness protection.

“As the insurer of the next generation that’s committed to nation-building, FWD recognizes the ever-evolving goals and aspirations of Filipinos. We want to help them celebrate living while building their best future,” said FWD Philippines President and CEO, Manuel “Jumbing” De Rosas. “With Set for Life Plus, they can embrace every opportunity in life and fulfill their goals while having reliable life protection and financial growth.”

Learn more about FWD Set for Life Plus by visiting https://www.fwd.com.ph/investment/set-for-life-plus/. Sign-up to talk to an FWD financial advisor here and get a chance to win an all-expense paid trip to South Korea.

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About FWD Philippines

FWD Life Insurance Corporation (FWD Philippines) launched its commercial operations in September 2014. In just 10 years, FWD Philippines now ranks 3^rd in terms of both new business annual premium equivalent¹ and premium income².

FWD Philippines is part of FWD Group, a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance.

FWD Philippines is regulated by the Insurance Commission of the Philippines and is legally permitted to provide insurance products and services within the country.

¹ www.insurance.gov.ph > Data > Statistics > Life Insurance Companies > 2024 > Based on New Business Annual Premium Equivalent
² www.insurance.gov.ph > Data > Statistics > Life Insurance Companies > 2024 > Based on Premium Income

Want to get in touch?

Reach FWD here, or visit us at our Head Office.
Contact the Insurance Commission Philippines here.