FWD Life Launches FWD Cancer Protection with an End-to-End Digital Solution

PT FWD Life Indonesia (“FWD Life”), a pioneer of digital-based life insurance in Indonesia, launches the cancer insurance plan, FWD Cancer Protection. FWD Cancer Protection provides an end-to-end digital service, from easy online application through FWD Life’s e-commerce channel, iFWD.co.id, to easy claim using FWD MAX application. It offers a 100% pay-out upon diagnosis, including the early stage of cancer, with an affordable premium as low as Rp10,000 per month.

Even with continuous technology advancement in medical treatment and healthcare facilities, critical illnesses are not eradicated. And cancer is still one of the biggest health threats and leading causes of death in Indonesia. According to the Ministry of Health of the Republic of Indonesia (MOH), the prevalence of cancer increased in the past five years. Meanwhile, the data revealed by the Basic Health Research (Riskesdas) in 2018 showcased that the cancer prevalence in Indonesia was 1.79 per 1,000 population, which increased from 1.4 per 1,000 population in 2013.

FWD Life President Director Anantharaman Sridharan said, “With the increase of the cancer prevalence, we’re here to provide affordable cancer protection and offer better benefits and fresh customer experience to Indonesians. FWD Cancer Protection aims to help Indonesians proactively prepare for unprecedented financial burdens. Easy to buy and easy to claim - FWD Cancer Protection is a digitally-led, affordable, and comprehensive cancer insurance plan answering people's needs. This product launch is another key milestone for our company in Indonesia and a testament to our vision to change the way people feel about insurance.”

The main benefits of FWD Cancer Protection include:

• 100% sum insured is paid when diagnosed with cancer at any stage, after a waiting period of 90 days
• The premium is affordable, starting from Rp 10,000 per month
• Simple and easy to apply, with answering three simple questions on iFWD.co.id, customers will get the e-Policy on the same day
• Customers are free to choose the amount of the coverage, start from Rp50 million to Rp500 million
• Easy claim submission using FWD MAX

FWD Life Director, Chief of Proposition & Shariah Ade Bungsu said, “We believe that taking things for granted by simply wishing you don’t get cancer is not a solution. Therefore, the launch of FWD Cancer Protection showcases how we provide a truly easy way to ensure customers are protected from cancer so they can continue to live their lives and pursue their passions without worry. We are confident that through our end-to-end digital services, we can enable easy access and a seamless customer experience while offering the best insurance solutions for our customers.”

For further information about FWD Life, please visit www.fwd.co.id  or www.ifwd.co.id. Stay connected with FWD Life through Facebook, Twitter, Instagram, and YouTube.