FWD introduces new investment-linked product with distinct benefits

August 30, 2022 | 09:20
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FWD Vietnam, part of pan-Asian life insurance business FWD Group, last week launched the FWD Double Assets 2.0, a new investment-linked product which offers distinct benefits and increases the maximum protection coverage to 380 per cent of the sum assured.

In case of a total permanent disability or death due to accidents, FWD will pay an additional amount equal to the sum assured which increases the protection benefits and provides customers and their families with prompt financial assistance.

FWD introduces new investment-linked product with distinct benefits

FWD Double Assets 2.0 also maintains other benefits such as the automatic increase of the sum assured every three years without the need for medical re-underwriting or changes to the target premium, thereby meeting the increasing protection needs of customers, especially as they age.

In addition to significant protection benefits, the new product offers investment flexibility with six funds managed by SSI Asset Management Co., Ltd. and Vietcombank Fund Management, ranging from low- to high-risk levels.

Customers participating in FWD Double Assets 2.0 will also receive periodic policy persistency bonuses to allow for growth of account value over time.

Customers can easily choose to increase their investment, convert funds, change allocation rates, and withdraw money online anytime, anywhere, with just a few simple steps.

“FWD Double Assets 2.0 gives customers the flexibility to choose their protection coverage and provides diversified investment portfolio options, allowing them to design a financial plan that meets their unique needs and matches their risk appetite,” said Vuong Gia Vu, CFO at FWD Vietnam.

“We hope that the new product’s combination of investment benefits and modern technology application will fulfil the different needs of our customers and provide them a positive experience with FWD.”

Customers participating in FWD Double Assets 2.0 will also receive periodic policy persistency bonuses to allow for growth of account value over time.

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Additionally, the product provides special bonuses with all of the risk premiums refunded in years 10, 15, and 20 of the policy.

For more information, please visit fwd.com.vn

By Huyen Thuy

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