FWD opens online shop offering digital insurance with exclusive rewards

“We’re committed to making insurance easier to buy, claim, and understand. Our FWD Online Shop allows our customers to conveniently select the right insurance product for them whenever they want and wherever they may be. With just a few clicks, they can be financially protected and even get rewarded for doing so. Through this innovation, we’re changing the way people feel about insurance and encouraging them to celebrate living,” said FWD Philippines Chief Marketing and Digital Business Officer, Roche Vandenberghe.

Through FWD Online Shop, customers can choose from a wide selection of insurance products that fit their budgets and meet their specific needs. It offers a fully digital experience that presents easy-to-understand insurance policies, as well as simple and quick processing of purchase and claiming benefits.

One of the innovative products available at FWD Online Shop is the recently launched The One, a life insurance plan that allows customers to customize their coverage with add-ons to match their needs. Designed for every Filipino, regardless of their stage in life, they can select one, two, or all three of the following benefits: death benefit, accidental death benefit, and critical illness benefit. Policyowners are also rewarded with a cup of coffee available 20 days from purchase.

For those looking for affordable short-term coverage, FWD offers Set for Tomorrow – Short Term Cover Digital Life Insurance that protects the insured’s family from a sudden loss of income or unpaid loans or mortgages should the unexpected happen. The plan provides comprehensive benefits, including a maximum of Php 5 million coverage, spouse extension benefit, terminal illness benefit, overseas benefit, and funeral benefit.

As an exclusive reward, Set for Tomorrow provides the insured with an FWD Card, an interest earning savings account issued by Security Bank with zero maintaining balance, and one-year unlimited consultation at The Medical City Ortigas.

Customers can also give the gift of life protection to their loved ones through KanGift at only Php 1,799 per year. It is an insurance gift voucher that they can use to purchase KanLive Life Insurance Plan, KanMend Critical Illness Insurance Plan, KanGuard Accidental Death Insurance Plan, or all three, depending on their priorities. KanLive gives one-year unlimited medical consultations at Aventus Clinics, KanMend rewards the insured with six months telemedicine access with KonsultaMD, and KanGuard offers one-year global emergency services with Assist America.

To learn more about the rewards, visit shop.fwd.com.ph/rewards. For more information about FWD’s digital products, check out shop.fwd.com.ph.

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About FWD Life Philippines 

FWD Life Insurance Corporation (FWD Life Philippines) launched its commercial operations in September 2014. As of end-2022, FWD Life Philippines ranks 3rd and 6th in terms of Paid-up Capital¹ and New Business Annual Premium Equivalent², respectively.

FWD Group is a pan-Asian life insurance business with more than 10 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD reached its 10-year anniversary in 2023. The company is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.

For more information, please visit fwd.com.ph. 

1 www.insurance.gov.ph > Statistics > Life > 2022 > Based on Paid-Up Capital

2 www.insurance.gov.ph > Statistics > Life > 2022 > Based on New Business Annual Premium Equivalent