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FWD Vietnam introduces new universal life product FWD Embracing Changes 3.0

20 September 2021 | Ho Chi Minh City
By FWD Vietnam

FWD Vietnam Life Insurance Company Ltd. ("FWD Vietnam") introduces a new universal life product named "FWD Embracing Changes 3.0", that combines long-term protection with guaranteed investments.

"FWD Embracing Changes 3.0" provides protection benefits up to the age of 80. The product increases the payout to 200% of the sum assured in case of total and permanent disability between 18 and 60 years old. This is a vital living benefit for customers and is unique in the market.

It also covers late-stage cancers up to 80 years old with 10 times the annual premium paid. The policy will remain in force with all other benefits even if the cancer protection benefit has been paid out.

Mr. Dau Tien Dung, Chief Strategy Officer of FWD Vietnam said: "FWD Embracing Changes 3.0 is another breakthrough in our innovative product propositions. The product not only provides comprehensive coverage but also gives customers the flexibility to decide on the sum assured for protection priority or investment focus. This product is yet another manifestation of our vision as we continue changing the way people feel about insurance."

With this product, customers can withdraw money with the free 24/7 e-withdrawal service for their urgent financial needs. In addition to the stable investment interest, customers also enjoy a loyalty bonus every three years from Year 1 to Year 18 and a special bonus equal to 100% of the premium paid in Year 10.

 

About FWD Group

Established in Asia in 2013 with a trailblazer mentality, FWD is the primary insurance business of investment group, Pacific Century Group.

FWD Group spans 10 markets in Asia including Hong Kong SAR & Macau SAR, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan, Malaysia, and Cambodia, offering life and medical insurance, general insurance, employee benefits, Shariah and family takaful products across a number of its markets.

FWD is focused on creating fresh customer experiences and 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 aims to be a leading pan-Asian insurer by changing the way people feel about insurance.

For more information please visit www.fwd.com

 

About FWD Vietnam

FWD Vietnam was established in 2016 and is a member of FWD Group, a leading Asian-pan life insurer. With the priority strategy on digital development, FWD Vietnam is a differentiated insurance company, with a solid foundation based on its strengths: breakthrough products; high-quality distribution channels; digitised business processes and differentiated branding strategies. FWD Vietnam is consistently recognised as one of the fastest-growing life insurance companies in the market..

For more information please visit www.fwd.com.vn

 

Media enquiries:

Mr. Nguyen Ngoc Thuy

Tel: (028) 6256 3688

Email: ngocthuy.nguyen@fwd.com

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