Malaysia: FWD Max Wealth offers protection and maximises rewards for milestones in life

| 07 May 2024

FWD Insurance Berhad (FWD Insurance) launched its newest product, FWD Max Wealth, which allows customers to maximise their wealth with increasing guaranteed cash payments as they celebrate special milestones in life.

This endowment plan offers customers the flexibility to meet the evolving needs of everyone in the family. With various premium payment terms from as short as three, six or nine years, customers can enjoy up to 30 years of coverage and savings benefits. 

"As a customer-led life insurer, we aim to provide protection solutions that support our customers' priorities, without putting their dreams on hold," said Mr Aman Chowla, Chief Executive Officer of FWD Insurance Berhad.

"FWD Max Wealth is designed for our customers to live the life they want and be able to savour special life occasions with the confidence of financial security." 

FWD Max Wealth offers increasing guaranteed cash payments, up to 30% of basic sum assured, every third year from inception until the policy matures or terminates. Upon policy maturity, customers can enjoy a maturity benefit of 130% of the basic sum assured. With the Celebrate Living Maturity Booster, customers get an additional three% of basic sum assured for each significant life event, such as getting married; birth of a child/ grandchild; purchase of a house or car and more for up to three events during the policy term. 

Other benefits include extra protection in the event of death or total and permanent disability (TPD). Customers will receive up to 130% of total premium paid. In the event of accidental death due to bodily injury within 90 days of the accident, an additional 100% of death benefit will be paid to help ease the financial burden of your loved ones. 

"We are committed to offer the very best customer experience throughout their insurance journey with us – easy to understand, easy to buy, easy to manage and easy to claim. This is all about changing the way people feel about insurance," Mr Aman added.