iFAST Digital Term: The Game-Changer For Your 20s to 40s

In your 20s to 40s, financial priorities evolve quickly. You may be starting your career, paying off a home, building investments, or supporting a young family. While most of us focus on growing our portfolios in this period, “adulting” means ensuring that a sudden setback does not wipe out our hard work. While growing your wealth is essential, protecting it and the people who depend on you is just as important.

Introducing iFAST Digital Term

iFAST Digital Term offers simple and affordable term life insurance without the unnecessary complexity. Designed for the savvy individual who are used to the do-it-yourself (DIY) approach, iFAST Digital Term offers a streamlined, "modular" approach to term insurance prioritising simplicity, speed, and transparency.

Managed entirely on the FSMOne platform, this plan integrates with your investment cash account so you can manage both protection and wealth in one place. As a pure protection plan with no savings or investment components, premiums are kept low and affordable. Enjoy coverage of up to $1,000,000 for death and terminal illness, with optional riders for Total Permanent Disability (TPD), Cancer, and hospital income benefits, providing the flexibility to gradually scale coverage as your responsibilities grow in your 20s to 40s.

Why choose iFAST Digital Term?
1.     Fuss-free digital application with minimal paperwork required

A lengthy insurance paperwork process can be a deterrent to getting coverage when you are busy with work and personal commitments. iFAST Digital Term removes this friction by allowing healthy individuals to apply just by answering three to four health questions with no medical check-ups required. The process is fully digital. You can get a quote, adjust coverage, and make payment directly through your FSMOne Account. Policies are issued instantly, allowing you to secure coverage in minutes rather than weeks. Getting covered by iFAST Digital Term is DIY, paperless, and extremely efficient.

2.     Coverage that grows with your life stage

In your 20s to 40s, protection needs often increase over time with common milestones such as marriage, children, and housing loans taking place during this period. As your life stage changes, so do your protection needs. Unlike traditional insurance plans that lock you into a single large policy, iFAST Digital Term allows coverage to be purchased in blocks of $50,000 at no additional charges. This means that iFAST Digital Term costs the same per $50,000 coverage regardless of coverage amount purchased. 

With this modular design, you can easily add or cancel specific $50,000 blocks of coverage without affecting your other existing policies. This gives you something that a single traditional policy is unable to provide - control over your premiums and coverage levels.

	Smaller coverage plan		Larger coverage plan
	Annual premiums for $200,000	Cost per $50,000 coverage	Annual premiums for $1,000,000	Cost per $50,000 coverage
iFAST Digital Term	$46.00	$11.50	$230.00	$11.50
Term Life Insurance	$285.30	$71.32	$443.80	$22.19

*Profile: Age 30 (date of birth: 1 January 1996), non-smoker female. Figures are for illustration purposes only and are rounded to the nearest two decimal point. Accurate as of 5 January 2026.
iFAST Digital Term is a yearly renewable term plan with premiums based on life assured’s attained age at renewal and can be renewed up to age 70 (age last birthday). Quotation for Term Life insurance is generated for coverage up to age 70 (age last birthday), and premiums are levelled.

✅ Start with smaller coverage when responsibilities are lower. Cost per $50,000 coverage is the same for a $1,000,000 or $50,000 iFAST Digital Term plan.

✅ Modular structure allows you to add blocks of coverage as income and commitments grow and adjust your coverage as needed without cancelling existing policies.

3.     Coverage for a peace of mind

Traditional insurance riders are often accelerated, meaning that any claim made under a Cancer or TPD rider will reduce the main death benefit. However, iFAST Digital Term takes a different approach with its Cancer360 and Cancer Plus riders offered on an additional (non-accelerated) basis. This means that if you make a claim under Cancer360 due to a cancer diagnosis, you will receive a lump-sum payout while your core benefit remains 100% intact. This allows your core plan (covering for death and terminal illness) and any other riders that have yet to be activated to remain active and in-force.

This structure is especially suitable for younger policyholders, as this ensures that their main coverage remains intact even after a rider claim thus providing longer-term financial security.

💡Tip: Purchasing a TPD rider with $50,000 coverage less than your core iFAST Digital Term plan will ensure that rest of your policy and riders remain in-force even after a TPD claim.

4.     Affordable protection for every budget

By focusing solely on protection, iFAST Digital Term offers competitive premiums, with coverage starting from just $11.50 a year^. This allows individuals to secure higher coverage amounts without paying for features that they may not need.

In addition, customers insured through FSMOne are also automatically eligible for our Commission Rebate Program. Under this program, up to 45% of the commissions we receive are rebated into your FSMOne Cash Account effectively lowering the “true cost” of your insurance coverage. This is our way of rewarding you for choosing to get covered with FSMOne, and it offers an advantage for those managing mortgages, childcare costs, and investments at the same time. By helping you secure protection at the lowest possible cost, we enable you to protect what matters most while keeping expenses efficient thus freeing up more of your savings to be directed towards your investment goals.

🌟[EXTENDED] Your first year of protection FREE*.

If you are between the ages of 18 to 40, start the year right with one year of free* life insurance coverage. All you have to do is to purchase an iFAST Digital Term plan using promo code "FREE" and you will receive your first-year premiums credited back to your FSMOne Cash Account! *Terms and conditions apply.

✨ Get Your Free* Coverage here >

Or click here if you have a question about your insurance policy

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*Terms and Conditions

1.      This Free Coverage Campaign (the “Campaign”) is valid from 19 January to 13 February 2026, both dates inclusive (the “Campaign Period”).

2.      Clients will receive a rebate (the “Reward”) equivalent to the premiums required to purchase $50,000 of core iFAST Digital Term coverage. This Reward will be capped at $40 per client, regardless of the coverage amount purchased. If the premium for $50,000 of core coverage exceeds $40, the Reward will be limited to a maximum of $40.

3.      For avoidance of doubt, each client will only be eligible to receive the Reward once and the Reward granted will not exceed the actual premium paid for $50,000 of core iFAST Digital Term coverage.

4.      A new iFAST Digital Term purchase with the promo code “FREE” entered must be made during the Campaign Period to qualify for the Reward. iFAST Digital Term renewals and purchases made without the promo code will not be eligible for the Reward.

5.      The Reward will be rebated into eligible client’s FSMOne Cash Account within 4 weeks after the end of the Campaign Period.

6.      Client must be an FSMOne account holder to receive the Reward. New account holders are also eligible for this promotion. Clients without the FSMOne account are not eligible for the Reward. Name of the policyholder must match the name registered with the FSMOne Account Number to be eligible for the Reward.

7.      FSMOne reserves the right to replace the reward of similar value without prior notification.

8.      FSMOne reserves the right to amend the Terms and Conditions without prior notification and has the final decision on all matters relating to this campaign. Any appeal will not be entertained.

Disclaimer:

^Profile: Age 30, non-smoker female for $50,000 core iFAST Digital Term coverage.

All materials and content found in this article are strictly for information purposes only and should not be considered as an offer or solicitation to transact in any product. This article is not a contract of insurance.

Insurance products are underwritten by the respective insurance partners and distributed by iFAST Financial Pte Ltd (“iFAST”). You are advised to review the specific terms, conditions and exclusions in the relevant policy contract.

You are advised to read the key product documents, including (but not limited to) the product summary, before deciding whether the product is suitable for you. You should consider carefully if the products you are purchasing are suitable for your financial objectives, experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of a product, please seek advice from a financial adviser before making a decision to purchase the product.

While iFAST and its third-party providers strive to provide accurate and timely information, there may be inadvertent omissions, inaccuracies, and typographical errors. Opinions expressed herein are subjected to change without notice. More information on iFAST Digital Term can be found here: https://secure.fundsupermart.com/fsmone/insurance/ifast-digital-term

Purchasing a life insurance policy is a long-term commitment, and early termination may involve significant costs. The surrender value, if any, may be zero or less than the total premiums paid.

This advertisement has not been reviewed by the Monetary Authority of Singapore.