FWD Invest First Summit Review

FWD Invest First Summit is a regular premium investment-linked plan designed to offer attractive bonuses, capped charges and multiple flexibilities.

FWD Invest First Summit product details

• Life Policy – Investment-linked policy
• 3 types of attractive bonuses
  • Fast-track your investment growth with Booster Bonus, Loyalty Bonus and Accumulation Bonus
    • Up to 165% Booster Bonus over the first 3 years of regular premium payments
    • Earn Loyalty Bonus of up to 1.5% per annum of Accumulation Units Account (AUA) value from the 4th policy year onwards
    • Earn Perpectual Bonus of up to 1% p.a. of AUA value after the premium payment term
• Capped charges to optimised your investment yield
  • 1.5% p.a. of the AUA value or 0.7% p.a. of the total Regular Premium (RP)
• Mulitple Flexibilities 
  • Free partial withdrawal from 25th month onwards
  • You can adjust your premiums from 25th month onwards
  • Free premium holiday from 25th month onwards
  • Waiver of policy charges if you are diagnosed with terminal illness or disability
• Option to generate a stream of passive income through dividend payouts
  • Providing access to a wide range of asset classes covering all key markets in the world, including dividend paying funds which allow you to reinvest for growth or withdraw as a stream of passive income.
• Complimentary auto-rebalancing option
  • By opting into auto-rebalancing service, FWD will track and monitor your investment portfolio to make adjustments based on your predefined fund allocation without you lifting a finger.
  • Booster Bonus and Loyalty Bonus are still applicable if you repay the missed regular premium
• 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 Summit 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: Yes
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
NA

Additional Features and Benefits
Yes.

For further information and details, refer to FWD website. Alternatively, fill up the form below and let us advise accordingly.

Read about: Effects of compounding returns on your investments

Get Quote: Compare Investment Linked Policies in Singapore 

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

FWD Invest First Summit 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

Read about: Why perodic insurance portfolio review is important

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

FWD Invest First Summit 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 Summit

• How is FWD or FWD Invest First Summit investment returns based on historical performance?
• How does FWD Invest First Summit compare with Investment-linked policies from other insurance companies?
• Can FWD Invest First Summit 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 Summit. Talk to us or seek advice from a financial adviser before making any decision about FWD Invest First Summit.

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

Is FWD Invest First Summit suitable for me?