Jakarta, 15 November 2022 - PT FWD Insurance Indonesia (“FWD Insurance”), a leading digital-first insurance company in Indonesia, presents FWD Whole Life Protection, a lifetime insurance for risks of death and terminal illness that provides a number of funds that can be used by the insured’s family with a customizable plan that can be adjusted to customer’s ability and needs.
Director, Chief of Operations, Product Proposition & Syariah FWD Insurance, Ade Bungsu, shared more about the the new FWD Insurance product, “we understand family is a valuable asset and source of strength, which also is the highest priority in life. Despite how life goes unexpectedly sometimes, everyone is working hard to ensure the family’s happiness now and in the future. Thus, we present FWD Whole Life Protection, a product that can help us to prepare the best future for our family and ourselves. We want to encourage the Indonesian people to celebrate living without worry, which is through our commitment in providing insurance product that is easy to know, easy to buy, easy to claim, easy to engage, and easy to love”.
FWD Whole Life Protection fulfills the needs of individual or new family who are planning for family future protection, retirement funds, and preparing a number of funds for inheritance, with insurance benefits that can be paid while the insured is still alive or in the event of a risk. In addition to providing a benefit of 100% of the sum insured if the insured dies, this product provides a benefit of the remaining 50% of the sum insured if the insured is diagnosed with an incurable disease or commonly referred to as a terminal illness. The benefits of this product are expected to support family financial planning to be free from worry when the insured is still around or has passed away.
FWD Whole Life Protection provides a special or discounted premium based on plan or sum insured chosen by the customer. One of the available plan options is life benefits plan where 50% of the sum insured will be paid when the insured reaches the age of 75 years. In addition to being able to choose a plan and sum assured, customers also able to choose a premium payment period starting from 5, 10, 15, or 20 years according to the customer's needs and the Insured's entry age. With these available options, customers can freely choose the protection that best suits their needs.
FWD Whole Life Protection is available through agency distribution channels. For further information, please access FWD MAX application or fwd.co.id. Various articles on FWD Whole Life Protection and details can be accessed through fwd.co.id.