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Features & Benefits

Unit Linked Your Choice Coverage of Your Choice Withdrawal Flexibility Product Condition
Unit Linked Your Choice
Coverage of Your Choice
Withdrawal Flexibility
Product Condition

Eligibility & Requirements

  • Insurable age: 1 month 1 day to 70 years old
  • Coverage period: Upon attaining the age of 99
  • Premium payment : Single premium starts at 100,000 Baht
  • Health examination is subject to FWD Life Insurance Public Company Limited’s rules
  • Health declaration is an important part of insurance underwriting. You must answer every question fully and honestly. We may refuse to insure you or reject your claims if there are any false statements or concealment of the truth.

Additional Features

Here are the features for this policy:

  • Single premium payment starts at 100,000 baht.  

  • Guaranteed lifetime coverage until age 99, starting at 150% of a single premium paid.

  • There are no policy administrative charges for a single premium paid.

  • Switch funds as many times as you like throughout the policy, at no charge.

  • You can pay a top up premium anytime during your policy term, to get a chance for a higher return on investment. 

  • Design your own investment portfolio to suit your needs, with a variety of funds managed by experts.. 

  • Charges for top up premium, operational expenses and fees can be tax deductible.

Important facts you need to know

1. This is a life insurance product

It is not a bank deposit, a set of mutual funds with free insurance cover, nor an insurance cover with free mutual funds.

 

2. The redemption value can affect the cost of insurance

If the redemption value is low, it can lead to an increase in the cost of insurance you pay. This is because your guaranteed life coverage starts at 150% of a single premium paid.

 

3. This policy has a fixed premium, but the monthly policy fee is not fixed

Some charges will vary based on the insured person’s age and a mutual fund’s return. For more details of charges and expenses, please refer to your policy details.

 

4. You can make withdrawals at any time

You will have to pay an early encashment fee if you withdraw cash value from your policy or surrender your policy during the first five policy years.

 

5. The policy charge is deducted from your investment units every month

We deduct your policy charges from your premiums and units. If the value of your policy is not enough to cover all the ongoing fees and charges, including the insurance charges, we will terminate your policy. In order to make sure that your policy stays active, it is important for you to invest or top up your premium.

 

6. Partial tax deduction

Your policy expenses are tax deductible, but your investments are not eligible for tax deduction.

 

7. Non-guaranteed returns

Returns are not guaranteed for investments in mutual funds.

General Advice Warning and Disclaimer

1. Before deciding to buy an insurance product, you should carefully study and understand the proposal, the level of risk in a mutual fund, fees, charges, dividend policy, and the terms and conditions as described in the prospectus.

 

2. Investments contain risk. You may receive returns that are either more or less than the initial premium allocated to mutual funds. These returns depend on the performance of the fund. Therefore, you might see gains or losses in your investment, compared to the amount you invested at the start.

 

3. Mutual funds are legal entities that are separate from the life insurance company and the asset management company.

 

4. The past performance of a mutual fund is not an indicator of future performance.

 

5. This life insurance product requires a long-term commitment to paying regular premiums, so it is important to understand your financial readiness before deciding to buy an insurance product.

 

6. Make sure that you thoroughly understand the terms and conditions of both the life insurance coverage and investment components before deciding to buy this insurance product.

 

7. It is important to study the proposal and to understand it. Please consult your agent or your insurance company representative to clarify any issues you do not understand.

 

8. You should fill out an application form by yourself, and never sign on a blank proposal form. Make sure to check that the details on the application form are correct before signing.

 

9. Always ask for a proof of payment from your agent or seller for each transaction. Be sure to check the validity of the proof of payment and check if it is from an insurance company.

 

10. After buying a policy, you may receive calls from an insurance company. Please be prepared undergo a life insurance phone interview.

 

11. Follow up and pay attention to the documents you receive from your life insurance company, so you can take full advantage of your insurance benefits.

 

12. Offshore mutual funds contain risks from currency exchange rates. Although funds may have risk prevention measures placed according to the discretion of the fund manager, they do not have a currency risk protection policy. This means that investors may experience currency losses or profits, or receive a return that is less than their initial investment.

Remarks

This insurance product is assured by FWD Life Insurance Public Company Limited. CIMB Thai Bank Public Company Limited is a life insurance broker, provides services as a life insurance broker, and has responsibility for action as a life insurance broker only. If you have any questions or concerns about life insurance, please contact FWD Customer Care 1351.


Warning: The applicant should study, read and understand the proposal before deciding to buy an insurance. Once you receive the policy contract, please read the terms and conditions thoroughly.