(Last updated: 14 October 2026)
Who Is Suitable To Buy FWD i-Med?
FWD i-Med suits healthy adults aged 18 to 45 who want affordable cover with no lifetime limit and are happy to buy directly online from FWD instead of through an agent. The annual limit is RM60,000 on Plan 1 and RM90,000 on Plan 2. At age 30, the premium is RM523 a year on Plan 1 and RM738 a year on Plan 2, and it's the same for men and women. You may want to look at other plans if you'd like an annual limit above RM90,000, if you need to apply after age 45, or if you already have a health condition.
i-Med is a non-participating, yearly renewable medical card (also called health insurance) sold directly by FWD Insurance Berhad, with no agent and no commission. You get room and board of RM150 a day on Plan 1 or RM250 on Plan 2. It reimburses intensive care, surgery, anaesthetist fees, the operating theatre, day surgery, outpatient cancer treatment and outpatient kidney dialysis as charged, all within one annual limit. There's no savings or investment element and no cash value.
You can compare more plans on our medical card page and standalone medical card page, or read FWD's i-Med brochure (12 May 2026) for the full list of benefits.
What Are The Key Facts And Costs?
RinggitPlus checked every limit, premium and waiting period below against FWD's i-Med brochure, product disclosure sheet and policy contract on 14 October 2026. FWD sells both plans directly, and its policy contract has no deductible or co-insurance on either plan.
Comparison between FWD i-Med Plan 1 and Plan 2
| Item | Plan 1 | Plan 2 |
| Annual Limit (RM, resets every policy year) | 60,000 | 90,000 |
| Lifetime Limit | No limit | No limit |
| Room And Board (RM a day) | 150, up to 200 days per disability | 250, up to 200 days per disability |
| Deductible Or Co-Payment | None | None |
| Annual Premium At Age 30 (RM) | 523 (ages 26 to 30) | 738 (ages 26 to 30) |
| Annual Premium At Age 40 (RM) | 659 (ages 36 to 40) | 942 (ages 36 to 40) |
| Annual Premium At Age 50 (RM) | 1,035 (ages 46 to 50, renewal only) | 1,497 (ages 46 to 50, renewal only) |
| Occupation Class 3 And 4 Loading | 25% extra for class 3, 50% extra for class 4 | 25% extra for class 3, 50% extra for class 4 |
| Waiting Period | 30 days for any illness (injury is covered from day one), 120 days for specified illnesses | Same as Plan 1 |
| Entry Age And Coverage Term | 18 to 45 years. Renewable yearly, with cover until age 71 | Same as Plan 1 |
| Panel Hospitals | 153 | Same as Plan 1 |
Checked on 14 October 2026 against FWD's i-Med brochure (12 May 2026), product disclosure sheet (March 2025) and policy contract (June 2026). The panel hospital count comes from FWD Insurance's panel hospital listing, which isn't specific to i-Med and carries no date.
The premium is the main cost, and it’s charged annually, so it helps to see how it changes with your age and plan. The premiums above are annual. At age 30, Plan 1 costs RM523 a year and Plan 2 costs RM738 a year. If you'd rather pay monthly, FWD's i-Med page quotes premiums from RM44.70 a month, though it doesn't say which age band the price is for. The lowest annual premium of RM502 divided by 12 is RM41.83, so paying monthly looks slightly more expensive overall.
Premium rates aren't guaranteed. FWD will write to you at least 30 days before any change, and the new rate applies from your next renewal date.
Plan 2 costs RM215 more a year at age 30. For that, you get RM30,000 more inon the annual limit and RM100 more a day for room and board. On an eligible hospital bill of RM75,000 in one year, Plan 1 pays RM60,000 and you'd pay the remaining RM15,000. Plan 2 pays all RM75,000, as long as every charge is eligible and your room stays within the daily limit.
Premiums rise as you get older. Plan 1 costs RM1,035 a year at ages 46 to 50, almost double the RM523 at ages 26 to 30. Rates from age 46 are for renewal only, so you'll need to start a new policy by age 45.
The rates in the table are FWD's standard rates. If your job is in FWD's occupation class 3, FWD adds 25% to the premium, and if it's in class 4, FWD adds 50%. FWD's brochure, disclosure sheet and policy contract don't list which jobs are in each class. It's a good idea to call FWD on 1 300 22 6262 to confirm yours before you apply.
If your job changes after you buy i-Med, tell FWD straight away. The policy contract says FWD isn't liable if you move into a more hazardous job without its written consent, and FWD can change your terms, including the premium, when your occupation changes.
The annual limit covers every benefit in the schedule, from room and board to outpatient dialysis. Once FWD has paid the limit, nothing more is payable until your next policy year starts. Room and board is paid for up to 200 days per disability, and intensive care for up to 100 days per disability. A disability means one illness or injury, including its complications. "As charged" means FWD pays what the hospital bills, as long as the charge is reasonable and in line with usual charges in Malaysia.
You have 15 days from receiving your policy to change your mind. FWD refunds the premium without interest if you return it, though its disclosure sheet says medical examination expenses may be deducted. After that, you can cancel at any time and get part of an annual premium back if you haven't made a claim in that policy year. The refund is 80% in the first month, drops to 50% by month four and 30% by month six, and ends at 5% in month 11. From your second policy year, cancelling within 15 days refunds 90% instead. After 11 months, or if you pay on a monthly premium, there's no refund.
Since i-Med is sold directly, FWD pays no agent commission. FWD's policy contract says you'll pay applicable taxes and duties at the prevailing rate on top of your premium, but it doesn't give the amounts.
Pros And Cons Of FWD i-Med
Pros
- No lifetime limit, so the only cap is the RM60,000 or RM90,000 annual limit, which resets every policy year
- Plan 1 costs RM523 a year at age 30 and RM502 at ages 18 to 25, with the same premium for men and women
- Outpatient cancer treatment and outpatient kidney dialysis are paid as charged within the annual limit
- Intensive care for up to 100 days, surgical fees, anaesthetist fees and the operating theatre are paid as charged, with no separate sub-limit in the schedule
- You get a 15-day free look period to change your mind, and a refund of at least 80% of an annual premium if you cancel within a month with no claim made
Cons
These are the points to weigh before you buy.
- Both annual limits can run out, and once FWD has paid the RM60,000 or RM90,000, cover stops until your next policy year
- New applications close at age 45, and premiums from age 46 are for renewal only
- Specified illnesses such as hypertension, diabetes, tumours, urinary stones, hernias and spine or knee problems have a 120-day waiting period, and any other illness has a 30-day waiting period
- FWD's product disclosure sheet says renewal is guaranteed, but the policy contract makes renewal subject to FWD's discretion and lets FWD stop offering renewal with 30 days' notice
- Treatment abroad is reimbursed only up to what it would cost in Malaysia, and not at all if you've been out of Malaysia for more than 90 consecutive days
What FWD i-Med Doesn't Cover
- Pre-existing illness
- Specified illnesses within the first 120 days, and any other illness within the first 30 days (injury is covered from day one)
- Self-inflicted injury, suicide or attempted suicide
- Injury or hospitalisation from drug abuse, addictive disorders or alcohol
- Plastic or cosmetic surgery, circumcision, weight reduction or bariatric surgery
- Eye examination and correction for short sight, long sight or astigmatism, including LASIK, and glasses or contact lenses
- Dental treatment, except for accidental injury to sound natural teeth
- Pregnancy, childbirth, contraception and infertility treatment
- Congenital disorders and hereditary or developmental conditions
- Mental or nervous disorders, sleep apnoea, snoring disorders and hormone replacement therapy
- HIV, AIDS and communicable diseases that require quarantine by law
- Check-ups, screening and investigations that are routine or do not need admission
- Alternative treatments such as acupuncture, chiropractic and herbalist treatment
- Pacemakers, implantable defibrillators, cochlear implants, external prosthetics and hearing aids
- Racing, hazardous sports and aerial sports, and war, riots and terrorist activity
- Experimental, investigational or research treatment
- Other exclusions in the policy contract, such as venereal disease, sex changes, stem cell therapy, hospice care and hospital extras like television and phone rental
What Are The Two Similar Plans To i-Med?
Liberty MediStar Plan 2 has the same RM60,000 annual limit and RM150 a day for room and board as i-Med Plan 1. It costs RM652 a year for ages 26 to 30, compared with RM523 for i-Med. MediStar is sold through agents, with a 15% commission built into the premium, and its lifetime limit is RM180,000, whereas i-Med has none. It takes applicants up to age 60 and renews until age 70. If you choose a room above your daily limit, you pay 20% of your other eligible costs as well as the extra room cost.
Progressive Care Plan PC-2 also has a RM60,000 annual limit and a RM180,000 lifetime limit. Progressive's disclosure sheet lists its premium at RM585 a year at age 30 and RM731 at age 35, compared with RM523 and RM573 for i-Med Plan 1. It renews to age 70 and says renewal is guaranteed, though premium rates aren't. It's sold through agents at 15% commission and charges a third-party administrator fee of RM18.50 or RM45 a year. A 10% family discount applies when four or more family members are on one policy.
Frequently Asked Questions
Is FWD i-Med a medical card, and is it takaful?
i-Med is a medical card that covers hospital stays, surgery, outpatient cancer treatment and outpatient kidney dialysis. It's conventional, non-participating insurance underwritten by FWD Insurance Berhad, so it isn't takaful. Non-participating means the policy doesn't share in the profits FWD makes, so the only money it pays out is for eligible claims. If you'd like a takaful medical card, you can browse the takaful medical cards on RinggitPlus.
How much does FWD i-Med cost?
Plan 1 costs RM523 a year at age 30, RM659 at 40 and RM1,035 at 50. Plan 2 costs RM738, RM942 and RM1,497 at the same ages. The premium is the same for men and women, and FWD adds 25% if your job is in occupation class 3 and 50% if it's in class 4. FWD doesn't list which jobs are in each class, so you'll need to ask FWD on 1 300 22 6262 which class applies to you before you apply.
Who can buy FWD i-Med, and how do you apply?
You can apply if you are 18 to 45 years old, and students, housewives, retirees and unemployed applicants can only take Plan 1. FWD sells i-Med online. You can also visit an FWD customer service centre or branch, or leave your contact details on FWD's i-Med page and wait for a call. No agent is involved and FWD pays no commission.
Does FWD i-Med cover pre-existing conditions?
No, i-Med doesn't cover pre-existing conditions, meaning any condition you already knew about, received treatment for or had clear symptoms of before the policy started. Specified illnesses such as hypertension, diabetes, growths and tumours, urinary stones, hernias and spine or knee problems are also excluded for the first 120 days. Any other illness is covered only after 30 days, while injury is covered from day one.
Can FWD raise the premium or stop renewing i-Med?
FWD can change premium rates with at least 30 days' written notice, and the change applies from your next renewal date. The policy renews every year until age 70 at the rate for your age at renewal, and coverage ends at age 71. FWD's product disclosure sheet says renewal is guaranteed, but the policy contract makes renewal subject to FWD's discretion and lets FWD stop offering renewal with 30 days' notice. Please ask FWD which applies before you buy.
No lifetime limit
