Press Release

Focus on Building a Carefree Future with FWD Treasury Legacy Protection

19 December 2022

Jakarta, 19 December 2022 - PT FWD Insurance Indonesia ("FWD Insurance") partners with PT Bank Commonwealth (“Bank Commonwealth”) to present FWD Treasury Legacy Protection, an insurance product that provides whole life protection up to 100 years old.

Aling Suhaid, Chief Bancassurance Officer, FWD Insurance, explained, “With the partnership with Bank Commonwealth, we are strengthening our commitment to innovate products aiming to provide convenience and security for our customers. Through FWD Treasury Legacy Protection, our customers will be able to plan their future confidently and ensure their loved ones are protected. This product also allows our customers to get life protection and leave a legacy.”

Sukarman Omar, Director of Retail & SME Business, Bank Commonwealth, said “Through the partnership with FWD Insurance, Bank Commonwealth continues to strengthen its bancassurance solutions and services to fulfill customer’s needs, specifically in terms of protection. The launched of FWD Treasury Legacy Protection product, is expected to provide whole life protection for Bank Commonwealth customers and their families, including but not limited to the siaga funds and pension funds. We want to encourage our customers to prepare for a happy future as early as possible.”

FWD Treasury Legacy Protection provides benefit for customers up to 100 years of age, then matured endowment coverage is provided to them as maturity benefit. This product is very helpful for families who are preparing for pension fund as well as inheritance, in which customers can get 50% of the sum insured at the age of 75 years old and the remaining sum insured will be paid should there be any risk of terminal illness or death.

In addition, FWD Treasury Legacy Protection provides customers with easier health and financial examination process and premium discount up to 25% for the Regular Plan and special premium rate for the Jumbo Plan. The application process is simplified and convenient, hence customers can enjoy premium in more affordable price and be worry free.

“FWD Treasury Legacy Protection helps customers to prepare inheritance funds as provisions for their family so they can maintain their quality of life”, Aling Suhaid said.

FWD Treasury Legacy Protection is available through the PT Bank Commonwealth bancassurance distribution channel. For more information regarding this product, please visit the nearest PT Bank Commonwealth branch or via the fwd.co.id website.

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