What is FWD Insurance WealthLink Pro?
The WealthLink Pro by FWD Insurance is a regular premium investment-linked plan that provides you with all-rounded life coverage and the opportunity to build your wealth along the way through investment funds.
Get covered for up to the maximum age of 100 years old and enjoy peace of mind knowing that both yourself and your loved ones are being protected from any unexpected financial circumstances.
What are the key benefits of this plan?
Similar to other whole-life insurances in the market, this plan comes with coverage against Death and Total and Permanent Disability (TPD) up to 100 years old, and 75 years old respectively. In the case where either of these happened to you as the Life Assured, 100% of the Basic Sum Assured or the Investment Account Value (if any), whichever is higher, would be payable.
However, for TPD, the policy will be terminated if the TPD claim completely uses up the Basic Sum Assured. If there’s still any balance of the Basic Sum Assured after the payment of the TPD claim, the TPD benefit will be terminated, as stated in the Product Disclosure Sheet here.
Additionally, there is also a Wealth Bonus benefit whereby if you continue with the plan without termination, you’ll get 8% of your coverage credited into your investment account at the end of the 20th policy year. Subsequently, for every 10 policy years, a 4% Wealth Bonus shall be credited into the investment account up until your policy reaches maturity.
On top of that, you will also get other key benefits such as the following:
- Additional Accidental Death Benefit: Get an additional 100% coverage payable to you
- Additional Accidental Death Benefit due to Natural Disaster: Get an additional 400% coverage payable to you
- Additional Accidental Death Benefit outside of Malaysia: Get an additional 300% coverage payable to you
- Additional Accidental Death Benefit when Travelling in Public Conveyance: Get an additional 200% coverage payable to you
- Maturity Benefit: In which the Investment Account Value (if any) shall be payable in one lump sum upon maturity of the policy
- No-Lapse Guarantee Benefit: Get a no-lapse guarantee for your policy for the first 5 years based on a few conditions stated in the Product Disclosure Sheet
- Renewal Option Benefit: Have the option to renew your policy up to 100 years old, provided you use this benefit within 60 days before the policy’s maturity date, as stated in the Product Disclosure Sheet
What investment-linked funds are available?
According to FWD Insurance, the investment-linked funds that are available include the following. However, please take note that this list could change and evolve, so remember to confirm with your agent what is available to you beforehand!
- FWD Aggressive Fund
- FWD AsiaEquity Fund
- FWD Bond Fund
- FWD Strategic Fund
- FWD Invest ASEAN Discovery Fund
- FWD Invest Bond Fund
- FWD Invest Dividend Fund
- FWD Invest Income Extra Fund
Can I take up riders with this plan?
Yes, most definitely. Feel free to level up your life protection against critical illness and premium waivers with riders such as FWD IL Living Extra (WOP), FWD CI Intense Shield and FWD IL WOP.
What are the eligibility criteria to apply for this plan?
Parents who are keen to sign up for an insurance plan for their children can consider the FWD Insurance WealthLink Pro as you can sign up from as early as 14 days old. As for those who wish to sign up for themselves, you must be 18 years to 70 years old to be eligible for this plan.
