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FWD Life Income Plus

FWD

Category

Retirement

Coverage

Death

Coverage Term

Up to age 120

Overview

FWD Life Income Plus is a participating whole-of-life insurance savings plan that provides an early capital guarantee alongside a lifelong passive income. It helps grow your wealth with attractive returns to fund your lifestyle and retirement, while also providing baseline financial protection against death or terminal illness. Additionally, it is designed for legacy planning, allowing you to leave a lump-sum benefit that can endure for future generations.

Key Features

  • Early Capital Guarantee: 100% of your total premiums are guaranteed from as early as the end of the 3rd policy year for Single Premium.
  • Lifelong Income: Receive flexible monthly or yearly cash benefit payouts of up to 4% p.a. of your total premiums paid, or choose to accumulate them at a non-guaranteed interest rate.
  • Short Premium Commitments: Tailor your financial commitments by choosing a premium payment term of Single Pay, 3, 5, or 10 years.
  • Generational Wealth Transfer: You can change the person insured or transfer policy ownership, ensuring your loved ones continue to enjoy the policy's benefits.
  • Optional Add-on Protection: Enhance your coverage with riders that waive future premiums in the event of critical illness, or if the policy payer dies or becomes totally and permanently disabled

Earn up to 45% commission rebates*

*For eligible insurance plans only

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Understanding Retirement Plan

Annuities are a type of life insurance and are generally used for retirement planning with premiums paid for a specified period. Upon reaching your desired retirement age, pay-outs from your annuity will commence. Annuities allows individuals the option to receive a regular stream of income in retirement and are usually used to supplement CPF Life pay-outs and/or retirement savings.

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