FWD Life Insurance (FWD Philippines) has launched FWD Wealth+, a single-premium investment-linked insurance plan. The product is designed to provide life protection and help affluent clients grow, preserve and protect their wealth.
FWD Wealth+ offers guaranteed life coverage up to age 100 and allows policyholders to customize their plan to meet their financial goals. The minimum single premium is P1 million or $20,000.
According to a first-quarter 2025 report from the Global Web Index (GWI), 17.8 percent of the affluent demographic plans to purchase insurance in the next six months. This suggests a growing demand for personalized solutions among affluent consumers who view investment-linked insurance as a tool to achieve various financial goals, such as wealth growth, asset protection or estate management.
While single-pay plans are a common investment-linked solution, they typically offer fixed protection and limited benefits. FWD said it identified this gap and created a plan tailored to the long-term aspirations of this market segment.
