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FWD Life Philippines unveils new life insurance products

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FWD Life Philippines has launched a line of protection plans suited to meet individual customer needs.

In a statement sent to reporters on Monday, the FWD Philippines President and Chief Executive Officer Peter Grimes introduced the Set for Tomorrow protection plans.

“The coverage amount and period can be customized to any personal situation and budget,” Mr. Grimes was quoted as saying in the statement. “Our aim is to make real and substantial protection accessible to everyone.”

The insurance product has three variants that address the different needs of the family should the unexpected happen.

The Short Term Cover is an “affordable term life plan” that provides life insurance coverage between five and 10 years.

The Income Protector product ensures families to sustain their lifestyle should the breadwinner pass away. On the other hand, the Estate Protector is a whole-life plan that provides life insurance coverage until 120 years of age. — Karl Angelo N. Vidal

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