FWD Invest First Plus Review

FWD Invest First Plus is an investment-linked policy that offers capped total charges after the premium payment term and other flexibilities in an ILP for you to invest in comfort.

FWD Invest First Plus product details

• Life Policy – Investment-linked policy
• Booster Bonus
  • Receive a Booster Bonus of up to 34% per annum of the first 5 years of regular premiums paid
• Loyalty Bonus
  • Receive yearly Loyalty Bonuses as a reward for staying invested after the premium payment term from the:
    • 6th policy year onwards – 0.7% of the accumulation units account
    • 11th policy year onwards – 1.0% of the accumulation units account
    • 21st policy year onwards – 1.2% of the accumulation units account
• Capped Annual Charges
  • Annual charges on the policy is capped after the end of the premium payment term
• Unlimited Free Fund Switches
  • You can make unlimited fund switches for any purpose free of charge
• Single Premium Top-ups
  • You can make a one-off single premium top-up whenever you like
• Penalty-free Partial Withdrawals
  • You can make partial withdrawals at no charge from the 25th month of the policy
• Premium Holiday
  • You can take a premium holiday from the 25th month of the policy
  • Booster Bonus and Loyalty Bonus are still applicable if you repay the missed regular premium
• Dividend Cash-out Option
  • You have the option to reinvest dividends or cash out to spend on your needs
• Guaranteed Acceptance
  • No medical checks are required to take up this investment-linked policy
    
    

Read about: Investment-Linked Policy: Is it the best option?

Read about: 6 Best Investment Linked Policies in Singapore (Updated)

Features of FWD Invest First Plus at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
Nil

Additional Features and Benefits
Yes.

For further information and details, fill up the form below and let us advise accordingly.

Read about: Effects of compounding returns on your investments

FWD Invest First Plus may be suitable if you are looking for

FWD Invest First Plus may potentially be a good fit if the following matters to you:

• To participate in the long-term financial returns of investing
• A full-forced investment-linked policy with minimal insurance coverage
• Able to take investment risks and comfortable with financial market volatility
• Regular-pay premium term investment plan
• Take unlimited premium holidays after the end of the minimum investment period
• Potentially higher financial returns compared to traditional Endowment and Whole Life policies.
• Insurance options without medical underwriting
  
  

Read about: An introduction to Investment Linked Policy

FWD Invest First Plus may not be suitable if you are looking for

FWD Invest First Plus may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• High Death and Terminal Illness coverage
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Guaranteed financial returns in the long run
• Single premium investment option with no further financial commitment
• Insurance policy with a high surrender value in the early years of the policy
• Expecting an urgent need for withdrawal during a financial market downturn
  
  

Further considerations on FWD Invest First Plus

• How is FWD or FWD Invest First Plus investment returns based on historical performance?
• How does FWD Invest First Plus compare with Investment-linked policies from other insurance companies?
• Can FWD Invest First Plus fulfill my financial, insurance, health, and protection needs?
  
  

The above information may not fully highlight all the product details and features of FWD Invest First Plus. Talk to us or seek advice from a financial adviser before making any decision about FWD Invest First Plus.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering taking up.

Is FWD Invest First Plus suitable for me?