
Our first in-house insurance solution, iFAST Digital Term is designed to cater to all your basic insurance needs. If you find the process of getting insurance a hassle, we have the solution for you!
What is iFAST Digital Term
iFAST Digital Term is a fully digital solution for insurance. A Term insurance, this plan provides coverage for death and terminal illness. Should you wish to enhance your coverage, we also offer four optional riders that you may choose to add-on. Our riders available are:

Key Benefits of iFAST Digital Term
#1 Flexibility to only choose the coverage you need
Offering affordably priced coverage for death and terminal illness, enjoy the flexibility of only adding on coverage or features that you think you need. Do not need Total Permanent Disability (TPD) coverage? Then don’t add a TPD rider to your base plan, it’s that simple! Avoid paying extra for features you do not need. Only choose and pay for the coverage that you need.
Application and purchase can be made online, with premiums payable using your FSM Cash Account. After a successful purchase, you may view your policy details in your FSMOne Account.
#2 Up to S$1 million coverage - just answer 3 health questions
iFAST Digital Term offers you the option to get up to S$1 million coverage just by answering 3 health questions! If you are in the pink of health, there is no need to undergo a health check-up to buy this plan. Apply online anywhere, at any time, and for any amount that you wish to purchase.
And if you are midway through application but would like more time, fret not as we also have the option to save your application. These applications can be saved for up to 3 months and are easily retrievable from your FSM Inbox.
#3 Affordably priced
Designed to be cost-effective, we kept premiums low by only including what we feel is an important part of getting insurance. Get up to S$1 million coverage from as low as just S$19.20 a month*, and enjoy further savings with our Insurance Rebate Program offering up to 45% commission rebates!
Here is an illustration of how our premiums compare to other insurers for a typical plan with S$1 million death and a cancer coverage component.
iFAST Digital Term |
Other Insurer - Bundle 1 |
Other Insurer - Bundle 2 |
|
Annual premiums for S$1 million death |
$230 |
$265 |
$265 |
Annual premiums for cancer component |
$158^ ($200,000 cancer cover for coverage upon diagnosis) |
$422 ($200,000 cancer cover for coverage upon diagnosis) |
$228.10 ($100,000 staggered cancer cover only)^^ |
Client's commission rebate percentage |
Diamond client: 45% |
Diamond client: 45% |
Diamond client: 45% |
Commission rebate you can receive from this plan |
$21 |
$17 |
$17 |
Total coverage received |
1 million death + $200,000 cancer upon diagnosis |
1 million death + $200,000 cancer upon diagnosis |
1 million death + $100,000 staggered cancer cover^^ |
Actual cost paid for S$1 million death + S$200,000 cancer coverage |
$367 |
$670 |
$476 |
^This is a rider on an additional basis, and has to be added onto the base plan.
^^Cancer cover for this plan is on a staggered basis. This means that unlike the other 2 cancer plans, a client (with $100,000 coverage) will only receive $50,000 for an early stage cancer.
*Profile: Age 30, non-smoker female for S$1 million base coverage of iFAST Digital Term. Assuming client is a FSM Diamond tier client. Premiums are rounded to the nearest whole number.

How do I purchase iFAST Digital Term?
To get a quote, go to "Insure" > "Buy Online" > "Digital Term", or click here to go to the iFAST Digital Term landing page.

You can get covered in just 4 steps! All you have to do is:
Step 1: Just fill in a few simple details or log into your FSMOne account to have these details pre-filled for you.
Step 2: Select your coverage amount and choose to add-on riders (optional).
Step 3: Answer 3 simple health declaration questions.
Step 4: Login, review your application, and make payment with your Cash Account.
Upon a successful purchase, you may also view your policy details under Account Summary > Protection > View Policy Detail.
Get covered with iFAST Digital Term
And enjoy up to 45% commission rebates!
Available Products on FSMOne Insurance |
Term Life, Whole Life, Critical Illness, Annuity, Health, Endowment, General Insurance (Personal and Commercial) from AIG, Allianz, Chubb, Etiqa Insurance, FWD Insurance, Great Eastern, Manulife, NTUC Income, QBE, Sompo and Tokio Marine Life Insurance *Please check with our advisory team if the product you want is available on FSMOne Insurance |
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