FWD Life Insurance launches fast lane with shorter pay terms
The plan requires a minimum premium of $3,480.32 per year.
FWD Life Insurance Philippines has rolled out FWD Fast Lane, its first two-pay investment-linked product that combines shorter payment terms with long-term protection.
The plan requires a minimum premium of $3,480.32 (₱200,000) per year and provides life coverage worth five times the annual premium.
It offers a 20% Start-Up Bonus, a Loyalty Bonus, and an Investment Protector Bonus tied to the Philippine Stock Exchange Composite Index.
The launch comes as the Philippine economy is projected to grow 5.6% to 6% in 2026.
($1.00 = ₱57.47)