FWD Invest Goal X Review

FWD Invest Goal X is an investment-linked policy with a minimum investment period of 10 years. Enjoy booster bonus of up to 14% p.a. and loyalty bonuses of 2% p.a. through the policy.

After paying premiums for 10 policy years, you may take unlimited premium holidays whilst enjoying the loyalty bonus. Top-ups are free of charge and withdrawable at any time.

FWD Invest Goal X product details

• Life Policy – Investment-linked policy
• Short Minimum Investment Period
  • Short minimum investment period of 10 years
  • You can take unlimited premium holidays after paying 10 yearly premiums
• Booster Bonus
  • Enjoy Booster Bonus rewards up to 14% per annum on regular premiums paid in the first 3 policy years
• Loyalty Bonus
  • Enjoy Loyalty Bonuses of 2% per annum of the initial unit account value from the start of the 11th policy year
  • Loyalty Bonuses are payable throughout the policy and will not stop even when premium holiday is ongoing
• Free-of-charge Top-ups
  • You can make top-ups at any time charge-free
  • All top-ups are withdrawable at any time
• Death Coverage
  • You are protected against Death 105% of the account value
• Premium Holiday
  • In tough times, you may take a break from paying premiums from the 3rd policy year onwards, charges apply
  • From the 11th policy year, premium holidays can be taken for any amount of time with no charges
• Partial Withdrawals
  • You may make partial withdrawals  from the initial units account from the 3rd policy year onwards, charges apply
  • From the 11th policy year, you can make partial withdrawals charge-free while maintaining a minimum balance
• 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 X 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 X may be suitable if you are looking for

FWD Invest Goal X 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 (10 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 X may not be suitable if you are looking for

FWD Invest Goal X 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 X

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

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

Is FWD Invest Goal X suitable for me?