FWD Insurance Berhad introduces FWD Max Wealth, allowing customers to maximize wealth while celebrating life milestones with increasing cash payments. The plan offers flexibility in premium payments, additional benefits for significant events, and enhanced protection, emphasizing a customer-centric approach.
6 May 2024 – FWD Insurance Berhad has unveiled its latest product, FWD Max Wealth, aimed at helping customers maximize their wealth while celebrating significant life milestones. This endowment plan offers flexible premium payment terms ranging from three to nine years, providing coverage and savings benefits for up to 30 years.
Aman Chowla, Chief Executive Officer of FWD Insurance Berhad, emphasized the customer-centric approach, stating, “FWD Max Wealth is designed to allow our customers to live their desired life without compromising their financial security.” The plan offers increasing guaranteed cash payments, up to 30 percent of the basic sum assured, every third year until policy maturity or termination. Upon maturity, customers receive a maturity benefit of 130 percent of the basic sum assured.
Additionally, the Celebrate Living Maturity Booster provides an extra three percent of the basic sum assured for significant life events such as marriage, childbirth, or major purchases, for up to three events during the policy term. The plan also offers extra protection in case of death or total and permanent disability (TPD), providing up to 130 percent of the total premium paid. In the event of accidental death due to bodily injury within 90 days of the accident, an additional 100 percent of the death benefit will be paid to ease the financial burden on loved ones.
