FWD Life Insurance has launched its Wealth+ investment-linked insurance plan in the Philippines, aimed at high-net-worth individuals (HNWIs) seeking to grow, preserve, and protect their assets.
The single-pay plan offers flexible options to meet various wealth management goals, combining life insurance with investment features.
Wealth+ provides guaranteed life coverage up to age 100 with a minimum premium starting at PHP1 million (US$20,000).
Policyholders can adjust their plan to prioritise either life protection, investment growth, or a balanced mix.
Investments are available in either Philippine Peso or US Dollar, with access to local and global funds such as FWD Nitro and FWD Velocity Payout, which are designed to deliver quarterly income.
The product features three policy variants: Wealth+ Creator for capital growth, Wealth+ Harmoniser for balanced protection and growth, and Wealth+ Legacy Builder for long-term estate planning.
It also includes bonuses such as a Booster Bonus of up to 2.5% of the premium over five years, a 2% Loyalty Bonus, and an Investment Protector Bonus tied to the PSEi’s five-year performance, reported Insurance Asia.