FWD Insurance was established in 2013 and has since grown rapidly across Asia. FWD aims to create a memorable customer experience with simple products that are enabled by digital technology. This customer-focused approach has helped FWD become a leading Pan-Asian insurer that has changed how people engage with insurance.
What is Critical Illness Insurance?
Critical illness insurance is an insurance policy that pays a lump sum if you are diagnosed with an illness covered by the policy. The cash benefits are only paid if the illness meets the definition as stated in the policy wordings. Some critical illness policies cover early-stage cancer or have a limited payout for early-stage cancers. These payments are subject to the sum insured or policy limits.
FWD Cancer Insurance plan available:
Summary of FWD Cancer Insurance Plan:
PolicyPal’s Review of FWD Cancer Insurance
FWD Cancer Insurance is a straight-forward cancer insurance product that can be purchased as a standalone insurance policy. This is a good feature in the plan as it would be a good compliment to any other base term or whole life insurance plan that you already have. If you currently have a critical illness insurance policy, the FWD Cancer Insurance plan can also add a further cancer coverage for you as it will pay out the sum assured in the event of any cancer diagnosis together with any other payout that you may receive from your critical illness plan.
Good for: Individuals seeking a complimentary cancer insurance plan to supplement their term/whole life insurance plan.
Want to find out more about Critical Illness plans from other insurers? Here is the full comparison of the Best Critical Illness Insurance.
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