FWD Invest Goal Flexi Review

FWD Invest Goal Flexi is an investment-linked policy with a short minimum investment period of 3 or 5 years, Receive 3 different types of bonuses to boost your initial investment and reward continuous investment.

FWD Invest Goal Flexi product details

• Life Policy – Investment-linked policy
• Short Minimum Investment Period
  • Choose a Minimum Investment Period of 3 or 5 years
  • You can take unlimited premium holidays after the end of the chosen MIP
• Booster Bonus
  • Receive a Booster Bonus of up to 20% of the regular premium paid in the 1st policy year
• Contribution Bonus
  • Receive yearly Contribution Bonuses of 2% per annum on the regular premium account if you continue to pay premiums after the end of the chosen MIP
  • Contribution Bonus is payable until the of the 10th policy year
• Loyalty Bonus
  • Receive yearly Loyalty Bonus of up to 2.25% per annum from the 11th policy year onwards
• Penalty-free Withdrawals
  • From the 3rd policy onwards, you may make 2 partial withdrawals charge-free
• Involuntary Unemployment Benefit
  • In the event of involuntary unemployment (i.e. retrenchment), premium shortfall charges are waivable for 6 months if you stop paying premiums
• 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 Goal Flexi 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, refer to FWD website. Alternatively, fill up the form below and let us advise accordingly.

Read about: Effects of compounding returns on your investments

FWD Invest Goal Flexi may be suitable if you are looking for

FWD Invest Goal Flexi 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 (3 or 5 years)
• 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 Goal Flexi may not be suitable if you are looking for

FWD Invest Goal Flexi 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 Goal Flexi

• How is FWD or FWD Invest Goal Flexi investment returns based on historical performance?
• How does FWD Invest Goal Flexi compare with Endowment policies from other insurance companies?
• Can FWD Invest Goal Flexi fulfill my financial, insurance, health, and protection needs?
  
  

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

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

Is FWD Invest Goal Flexi suitable for me?