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Get SmartStart today.

The insurance plan
for everyone.
You’ll thank you later.
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Celebrate living with FWD

We at FWD Philippines are focused on changing the way people feel
about insurance. We believe that when Filipinos are financially protected,
they are better able to build their best life and celebrate living.

That’s why we put our customers at the heart of everything we do –

making sure our products are easy-to-understand, easy-to-buy, and easy-to-claim;
using digital tools to make every step smoother and more convenient; and
innovating insurance that is relevant to Filipinos’ evolving needs and lifestyles.

We launched our operations in 2014, and in just 10 years we currently rank number
one in customer experience among insurers in the country1 and top 3 in terms of
new business2. FWD Philippines is part of FWD Group, a pan-Asian life insurance
business with more than 13 million customers across 10 markets.

And today we want to share how FWD can help.

1 Based on KPMG's Global Customer Experience Excellence Report 2023

2 www.insurance.gov.ph > Data > Statistics > Life Insurance Companies > 2023 > Based on New Business Annual Premium Equivalent

FWD Life Philippines is regulated by the Philippine Insurance Commission and is legally permitted to provide insurance products and service within the Philippines.
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The first step to a better

future is here
You don’t just work hard – you work smart to
live the life you’ve always wanted. People like
you plan ahead and make smart choices for a
better future.

FWD is here to support you with your next

smart move with FWD SmartStart, an
affordable, innovative life protection plan with
investment and unique benefits. Everyone
deserves a SmartStart, and now you can have
one.
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Choose your SmartStart plan fwd.com.ph

SmartStart SmartStart Lite

For those looking for protection with For those looking to maximize their
more investment opportunity. coverage with minimal investment.

• Starts at PHP 1,200++ per month

• Starts at PHP 1,800++ per month
• Available to 0 – 65 years old
• Available to 0- 75 years old;
• Whole life pay, coverage period until 100
• Whole life pay, coverage period until 100
years old
years old
• Comes with:
• Comes with:
• Critical Illness Coverage
• Accidental Death Coverage
• Accidental Death Coverage
• Waiver of Premium
• Waiver of Premium
• Optional add-on benefits:
• Optional add-on benefits:
• Hospital Cash Benefit
• Hospital Cash Benefit
• Critical Illness Coverage
• Added Life Coverage
• Added Life Coverage
Benefits at a glance
FWD SmartStart Investment-linked Insurance offers a variety of benefits to keep you protected.

Guaranteed
Life Diverse Fund Milestone
Protection Selection Increase

Accidental Waiver of Fee Reinvestment

Death Benefit Premium Benefit

Customizable with Critical Illness Benefit

Omne by FWD (pre-attached with
add-on benefits
SmartStart Lite)
Insurance with Investment
FWD SmartStart is designed to give you a head start towards your best future. With life insurance, your beneficiaries will
receive a Coverage Amount when you pass away. A portion of your premiums will be invested in funds based on your risk
profile and appetite.

Insurance Investment
Get a coverage period of up to age 100 for as long as your plan is active. Should you pass
Start investing the smart
away, your beneficiaries will receive a Coverage Amount depending on the death benefit
way. You get to choose
of your choosing:
from a diverse portfolio of
global and local funds.
1 Level Death Benefit
Get higher value between:

1. 105% of Account Value OR

2. Coverage Amount + 125% of Top-ups – 125% of Withdrawals

2 Increasing Death Benefit

Get higher value between:

1. 105% of Account Value OR

2. Coverage Amount + 125% of Top-ups – 125% of Withdrawals + Account value
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Diverse Selection of Funds

Invest in global and local funds that fit your risk appetite.

Conservative

Suitable for investors who • FWD Peso Bond Fund

prefer stability, with less risk • FWD Peso Fixed Income Fund
and potentially modest returns.

Moderate
Suitable for investors who are
tolerant of medium market • FWD Peso Balanced Fund
volatility and are willing to • FWD Peso Stable Fund
accept balanced returns.

Aggressive
• FWD Peso Equity Index Fund
• FWD Peso Equity Fund
Suitable for investors who are • FWD Peso Growth Fund
tolerant of high market volatility • FWD Peso High Dividend Equity Fund
seeking potentially higher returns. • FWD Peso Diversity Fund
• FWD Peso Global Good ESG Fund

For more information, visit investment.fwd.com.ph

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Fee Reinvestment Benefit

Every insurance policy has handling fees, but not all has a fee
reinvestment benefit. As long as you keep paying your premiums,
we will reinvest your policy fees as additional credits in your
account value starting on the 10th policy year and every 5 years
after, as a way to reward you. Get up to 200% of total policy fees
following this schedule:

Fee Reinvestment Benefit

End of Policy Year
As % of the Total Policy Fees

10 5%

15 10%

20 15%

25 20%

30 25%

35 25%

40 100%
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Guaranteed Milestone Increase

Hit a major milestone? Enjoy a hassle-free and pre-approved 20%
increase on your Coverage Amount up to a maximum of PHP 2M.
Choose when to apply for this one-time benefit upon reaching any
of the following milestones:

No additional underwriting or complicated approvals!

• Milestones are applicable only for the insured.

• All premium payments must be complete.
• Redeem up to 90 days from milestone event, as long as insured is below
65 years old.
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SmartStart comes with add-on benefits:

Accidental Death Waiver of Premium

Coverage
Beneficiaries get an additional We'll pay your premiums if ever
cash benefit should you pass away you're diagnosed with a major critical
due to an accident before age 75, illness or permanent disability before
and they'll receive 3x the benefit if age 70. This is to help you focus on
it happens on a covered Philippine your health and recovery.
holiday.
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Critical Illness Coverage

Critical Illness Add-on

Pre-attached in SmartStart Lite for ages 0-50 yrs. old

• Receive a one-time cash benefit upon diagnosis of the covered 42 major critical
illnesses, including cancer, heart attack, and stroke.

• Advance a portion of the benefit if diagnosed with any of the 15 minor critical
illnesses, including early-stage cancer, severe osteoporosis, and angioplasty.

3x claims Critical Illness Add-on

May be added in SmartStart for 0-65 yrs. old and in SmartStart Lite variant ages 51-65 yrs. old

Receive additional cash benefit:

• Up to 3x claims upon diagnosis of the covered 42 major critical illnesses, including
cancer, heart attack, and stroke.

• One-time cash benefit when diagnosed with any of the 15 minor critical illnesses,
including early-stage cancer, severe osteoporosis, and angioplasty.

• An additional death benefit should you pass away.

 Customize your plan
with add-on benefits

Life insurance Hospital cash benefit

Beneficiaries will receive additional Receive a cash benefit for
cash benefit: every day you are hospitalized
to help with your bills. Receive
• Upon death or terminal illness 2x of this benefit amount if you
are admitted to the Intensive
• Should the insured pass away
Care Unit.
anywhere in the world outside the
Philippines, get additional 20% of
the coverage amount
• Should the insured and his/her
spouse pass away in the same
accident, the surviving minor child
will receive 2x the death benefit
• Plus, get advance payment for
funeral services within 48 hours
upon receipt of death certificate

This image is AI-generated.

How does
FWD SmartStart
work?
 Benefit Amount
Waived Premiums: PHP 727,650

Mario’s Story with SmartStart Withdrawn Account Value: PHP 302,085

The Financially Woke *Death Benefit: PHP 2,870,380

Total Benefit Received: PHP 3,900,115

Total Premiums Paid (23 years): PHP 655,620

*Guaranteed Milestone Increase of PHP 300,000 & Fee Reinvestment Benefit PHP 120,000 are included in the Death Benefit

Age 25 Age 30 Age 35 Age 48 Age 55 Age 65 Age 75

Purchase Benefit Benefit Accident Withdrawal Benefit Claims Payout

Mario is a 25-year-old 5 years into his plan, Mario celebrates 10 years with Mario is living his best life After the incident, he still After 40 years with Mario passes away
marketing associate Mario gets married to SmartStart! FWD credits his with his spouse and kid as a worked as a consultant SmartStart, a total of peacefully in his sleep.
manager. He’s looking into the love of his life. He PHP 3,000 at the end of policy Marketing Director. but decided to retire early. PHP 120,000 have His beneficiaries receive
diversifying his financial provides his marriage year as his first Fee Reinvestment He withdraws 30% of his been placed back in his increasing death
portfolio and purchases certificate to FWD to Benefit. 23 years into the plan, account value equivalent his account value for benefit which is
FWD SmartStart with an avail of the Mario gets into a car to PHP 302,085 to set-up his Fee Reinvestment computed as
annual premium of PHP Guaranteed Miletsone FWD will credit the following to accident during a business his own small business. Benefit. PHP 1,800,000
25,000 with the future of his Increase, FWD grants his account value as long as he trip that leaves him (Coverage Amount) +
family in mind. him an additional keeps paying his premiums: permanently disabled. Due PHP 0 (125% of Top-
PHP 300,000 to his to this, FWD waives ups) - 125% x PHP
Coverage Amount Fee Reinvestment
His Coverage Amount is Age succeeding premiums with 302,085 (125% of
Benefit
PHP 1,500,000 with an increasing it to the Waiver of Premium Withdrawals) + PHP
increasing Death Benefit. He PHP 1,800,000. 35 PHP 3,000 benefit. 1,447,988 (Account
is assured of the following 40 PHP 6,000 Value) which is a total
benefits: of PHP 2,870,380
45 PHP 9,000
from his Death Benefit.
• Life protection 50 PHP 12,000
• Guaranteed Milestone 55 PHP 15,000
Increase
• Fee Reinvestment Benefit 60 PHP 15,000
• Accidental Death Benefit 65 PHP 60,000 Policy is active and all premiums are waived
• Waiver of Premium Mario’s Total Fee
Reinvestment PHP 120,000
Benefit
This is a sample customer journey, amounts may vary.
 Benefit Amount
Withdrawn Account Value: PHP 400,000

Jessica’s Story with SmartStart Lite

Critical Illness Benefit: PHP 250,000

Waived Premiums: PHP 359,950

Chief Homebaker *Death Benefit: PHP 757,477

Total Benefit Received: PHP 1,767,427

Total Premiums Paid (24 years): PHP 454,736

*Guaranteed Milestone Increase of PHP 100,000 & Fee Reinvestment Benefit of PHP 72,000 are included in the Death Benefit

Age 28 Age 35 Age 38 Age 40 Age 52 Age 68 Age 75

Purchase Benefit Benefit Withdrawal Benefit Withdrawal Claims Payout

Jessica is a happily married home With her steady home Jessica has been paying for her Her business has grown since 24 years into the plan, After 40 years with While she recovered from
baker with 2 kids aged 5 and 2 years baking business, they SmartStart Lite plan for 10 years. she started 12 years ago, Jessica is diagnosed breast cancer, with age and
SmartStart Lite, a total
old. Her husband has a full-time job decide to purchase a small FWD credits her PHP 1,800 at the end expanding her line from basic with breast cancer, of PHP 72,000 have failing health, Jessica
but she bakes to help with some of the lot in the province. With this of the policy year as her first Fee baked goods to specialty She receives PHP passes away leaving her
been placed back in his
bills. She understands health is milestone, she avails of the Reinvestment Benefit. pastries and cakes, making her 250,000. With this account value for her husband, 2 kids and
important, so she decides to purchase Guaranteed Miletsone treats a household favorite. unfortunate incident, Fee Reinvestment successful business to her
an FWD SmartStart Lite because it has Increase. FWD provides her FWD will credit the following to her FWD waives her Benefit. family. Her loved ones
critical illness coverage too. Her an additional PHP 100,000 account value as long as she keeps Her business has helped with premium fees so she receives
annual premium is PHP 15,000 which to her Coverage Amount paying her premiums : their financial obligations and can focus on her She travels with her PHP 757,477 which is
she decides to pay on a semi-annual making it a total of Fee Reinvestment life milestones. However, with 2 recovery. husband and withdraws computed as her PHP
basis. PHP 600,000. Age
Benefit kids studying, Jessica PHP 250,000 as pocket 600,000 (Coverage
withdraws PHP 150,000 from money, and still has Amount) + PHP 0 (125% of
Her coverage amount is 38 PHP 1,800 her account value to help with PHP 473,965 in her top-ups) – 125% x PHP
PHP 500,000 with an increasing Death her eldest daughter’s tuition fee account value. 400,000 (125% of
43 PHP 3,600 Withdrawals) + PHP 657,777
Benefit. She is assured of the following for college.
benefits: 48 PHP 5,400 (Account Value) as death
benefit from her SmartStart
53 PHP 7,200 Lite plan.
• Life protection
• Guaranteed Milestone Increase 58 PHP 9,000
• Fee Reinvestment Benefit
• Accidental Death Benefit 63 PHP 9,000
• Waiver of Premium 68 PHP 36,000 Policy is active and all premiums are waived
• Critical Illness coverage of
Jessica’s Total
PHP 250,000 Fee Reinvestment PHP 72,000
Benefit
This is a sample customer journey, amounts may vary.
 Celebrate living
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Why start today?

• Your financial protection and
investment journey has to start
somewhere – and SmartStart is one
of the best and most cost-efficient
ways to begin!

• The sooner you build and safeguard

your wealth, the sooner you can get
the most out of your plan and reach
your financial goals.
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Enjoy Omne, our easy-to use supercharged 2-in-1 app:

Make claims easily
Manage and track your investments
Switch funds for free
Premium payments anytime, anywhere

Scan to download
Omne by FWD
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We’d love to hear from you!

Email us at
customerconnect.ph@fwd.com

Call our Customer Connect Hotline

at (632) 8888 8388
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Frequently Asked Questions

1. What sets FWD SmartStart apart?

4. What are the benefits provided by FWD SmartStart?
FWD SmartStart is a regular-pay investment-linked product that can help you start
your investment journey. It’s an affordable and accessible plan that has a Fee If you avail of FWD SmartStart, you will enjoy the following benefits:
Reinvestment benefit which will provide additional units to the policy upon reaching
specific policy years. It will be equivalent to 200% of the total Policy Fees that you • Death Benefit – If in the unfortunate instance that the insured dies,
have paid for. Also, it offers Guaranteed Milestone Increase, so you may increase the beneficiaries will receive the Death Benefit. You can choose from the two Death
your Coverage Amount without having to satisfy any medical requirements. Benefit options at the time of application.

FWD SmartStart does not have an upfront premium charge, but has a monthly 1. Level Death Benefit is the higher of (i) Coverage Amount plus 125% of any Top-
Policy Fees, which would mean that your investment has more potential of growing Up Premiums paid less 125% of any Partial Withdrawals, or (ii) 105% of Total
as we do not deduct the total fees before investing. Account Value.

2. How long is the insurance protection provided by FWD SmartStart? 2. Increasing Death Benefit is the higher of (i) Coverage amount plus 125% of any
Top-Up Premiums paid less 125% of any Partial Withdrawals plus Total Account
FWD SmartStart covers an insured person until age 100. The insurance protection Value, or (ii) 105% of Total Account Value.
will continue for as long as the account value is sufficient to pay the policy charges.
• Account Value – potentially grows your wealth as a portion of the premiums you
3. Who can avail or purchase FWD SmartStart? Who can pay is invested in your choice of FWD’s professionally managed funds. The account
be covered by it? value of your policy changes depending on the performance of the underlying fund(s).

Any individual who is 18 years old up to 99 years old can purchase FWD SmartStart • Guaranteed Milestone Increase - This additional coverage will help increase your
as the policy owner. Individuals with at least 15 days old up to 75 years old can avail protection when you stay invested with us until the insured’s next milestone and
the SmartStart variant, while individuals with ages 15 days old to 65 years old can be before the insured reaches age 65. We’ll give the insured a one-time, guaranteed
insured under the SmartStart Lite version of product. 20% increase in coverage (capped at Php 2M), with no required underwriting.
 Celebrate living
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Frequently Asked Questions

• Fee Reinvestment Benefit – Extra units that will be credited to your policy.
200% of the total policy fees will be credited to the account value based on • Critical Illness Coverage– if the insured person is diagnosed with one of the covered
the following schedule: major or minor critical illnesses, the insured will receive the designated benefit
amount. HealthPro Lite is pre-attached to the SmartStart Lite variant for age 0-50
End of Policy Year Fee Reinvestment Benefit years old. This may be added in SmartStart for 0-65 yrs. old and in SmartStart Lite
variant ages 51-65 yrs. old
10 5% of the total policy fees

15 10% of the total policy fees

5. What are the milestones and requirements needed to avail the Guaranteed
20 15% of the total policy fees
Milestone Increase?
25 20% of the total policy fees

30 25% of the total policy fees Here are the milestones covered and the corresponding proof needed for the insured:
35 25% of the total policy fees
Covered Milestones Effective Date of benefit amount increase Proof of Milestone
40 100% of the total policy fees
New baby Date of birth Birth Certificate

Marriage Wedding date Marriage certificate

• Accidental Death Benefit – if the cause of death is due to an accident, the
beneficiaries will receive an extra cash benefit in addition to the Death Benefit. If the Purchase of real estate Date of first payment Reservation agreement
(e.g. lot, house, condo)
death happens to be on a Public Holiday in the Philippines, this benefit amount is
tripled. This benefit is pre-attached to your policy. Graduation invitation or
University graduation Date of graduation rites
announcement

Retirement Retirement date/effectivity Letter from employer

• Waiver of Premium – all future premiums will be waived if the insured is
10th policy anniversary 10th policy anniversary N/A
permanently disabled or is diagnosed with one of the 42 critical illnesses or if the
owner (different from the insured person) dies before their 70th birthday. This
benefit is pre-attached to your policy.
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Frequently Asked Questions

6. Can FWD SmartStart provide additional benefits?

• Administration charge – This is used to cover administration expenses to help
Yes! You can boost your protection with these add-ons: maintain your policy.

• Critical Illness Coverage (HealthPro/HealthPro Lite) – if the insured person is • Surrender charge – Should you make any withdrawals, the surrender charge will
diagnosed with one of the covered major or minor critical illnesses, the insured will be deducted from the total amount that you have withdrawn. It is applicable for the
receive the designated benefit amount. HealthPro Lite is pre-attached to the Lite first seven years of the policy.
variant for age 0-50 years old. This may be added to the Standard variant and Lite
variant for age 51-65. • Fund management charge – This charge will be used to cover the expenses related
to maintaining your investment. This is already incorporated in the computation of
• Life Insurance (LifePro) – additional Benefit amount is paid if the insured person your account value.
dies or suffers a terminal illness.
• Insurance charge – This charge will be deducted every month from your account
• Hospital Cash Benefit (RecoveryPro) – if the insured person is hospitalized for at value to support your life insurance coverage.
least three days, we will pay an amount per day of hospitalization.
8. Will all the charges in the policy be returned in the Fee Reinvestment
7. What are the charges in this product? Benefit?

The charges for FWD SmartStart are the following: Not all charges, only the Policy Fee will be returned to the customer as additional
units to the policy. Total units to be added to the policy is equivalent to 200% of the
• Policy Fee - This fee works like a subscription charge where it is deducted monthly total Policy Fees.
from the account value with every basic premiums payment made. It is charged for
the first four years of the policy. 9. Why should I invest in this product?

• Premium holiday charge – This charge will be deducted from your account value If you want to start investing with an affordable premium with a long-term goal, but
for any missed basic premium payment after the grace period. It is applicable for the does not have the expertise to manage it, FWD SmartStart is an ideal product for
first seven years of the policy. you as this product rewards you just by keeping your investment intact by returning
the Policy Fees.
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Frequently Asked Questions

10. Can I add more money to my plan to maximize my investment? 13. Can I customize my plan?

Yes. For as low as Php 5,000 you can increase your account value by purchasing Yes! You can customize it in a variety of ways to meet your needs. You have the
units via top-up. When you top up on your policy, your Death Benefit also increases flexibility to determine the percentage for your benefit amount and investment,
by 125% of the top-up amount. Top-up transactions are subject to a 5% premium depending on your goals or life stage. For example, you can choose to have a
charge. higher benefit amount for your young children, or a lower benefit amount and
higher investment because you don’t have dependents, or your kids are all grown
up. Your SmartStart plan comes with a pre-attached accident and waiver of
11. Can I withdraw from my policy? premium add-ons. You can also add critical illness, hospitalization, and life add-on
benefits depending on your unique needs. SmartStart Lite comes pre-attached with
Yes, you may withdraw from your policy, but it would be subject to surrender critical illness benefit.
charges. You can partially withdraw a portion of the policy’s account value with a
minimum of Php 5,000. However, the remaining account value should be at least
Php 10,000 after withdrawal. When you withdraw some of the account value, your
Death Benefit will decrease by 125% of the Partial Withdrawal amount. Surrender
charges only apply up to the 7th policy year. Withdrawals from top-ups are exempt
from surrender charges.

12. Where can I track my policy?

It is easy to manage and track your FWD insurance plans through Omne by FWD
and Customer Portal. You may view your policy details, monitor your investments
and pay your premiums online.
Start your best future today!
Let’s discuss how to protect your future
with FWD StartSmart.

Diane Cruz
FWD Financial Wealth Planner

(01) 234 5678

www.fwd.com.ph
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Thank
you Celebrate living
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