Looking for your ‘perfect match’? Ask yourself what you care about most

Anyone who’s tried would know that choosing the right insurance plan isn’t as easy as swiping right on a dating profile (you know who you are).

But while we may not be able to find you a perfect partner, what we can do is to guide you towards finding the right insurance match to suit your needs.

One way to start is by asking yourself this: what do you care about most at this stage of your life?

You’re just starting out (with a limited budget)

Perhaps you’re a fresh graduate stepping into the ‘adult world’ – young, healthy and full of drive.

At this stage, you’ve probably given little thought to insurance thus far or you could be covered by policies that your parents purchased for you when you were younger.

With a limited budget, you might be wondering if you should even purchase insurance in the first place. The short but resounding answer to this question is yes, even more so while you’re young.

You may already know that premiums are often cheaper while you’re younger. That’s why this is the perfect time to lock in a critical illness (CI) insurance before you, *touch wood*, develop any pre-existing conditions which could result in an increase in your premiums or worse, exclude you from coverage entirely.

But we get it. At this age, every dollar earned is precious and a CI plan will still burn a hole in your bank statement, right? Wrong. In fact, if you’ve heard of the FWD Big 3 Critical Illness insurance, you’ll know that some insurance plans can be good and affordable at the same time.

Our Big 3 plan covers you for the three most common critical illnesses in Singapore – Cancer, Heart Attack and Stroke, with premiums from as low as 1/3 the price of a regular CI plan¹. Plus, all it takes for you to get covered is a simple online health declaration (no medical examination required).

And with a 100% payout upon a claim, you’ll be able to finance any treatment costs or living expenses during your period of recovery. Just so you know, the recommended ideal coverage amount should be able to cover your expenses for a minimum of five years.

You make safety a priority

If you lead a rather active lifestyle, you’ll know how easy it could be to get injured even when you think you’ve got all bases covered.

The fact is, accidents can happen, and in some cases, it may not even be your fault.

This is where a personal accident insurance may be helpful in ensuring that you’re prepared to deal with the consequences of an unexpected fall or tumble, such as medical expenses, lifestyle changes, or recovery costs.

For this, the FWD Personal Accident insurance offers up to S$15,000 coverage for inpatient and outpatient medical expenses.²

In addition, this plan covers you for physiotherapy expenses, as well as visits to Chinese physician, acupuncturist, bonesetter or a chiropractor, while also reimbursing you for any mobility or prosthesis aids you may need post-accident.

And even if you lead a mostly “safe” lifestyle, this doesn’t excuse you from other everyday risks such as COVID-19, Dengue and other infectious diseases. Well, the good news is that our Personal Accident plan covers them too!

You’re looking for security

Just settled down or planning to start a family? You’re probably starting to think about building a safe and secure future – not just for yourself, but those living with you.

With newly-shared financial responsibilities, you may wish to get yourself covered by life insurance so that you and your spouse can live with security and peace of mind, knowing that your significant other will be able to deal with any financial commitments should something unfortunate happen to you.

If you don’t know where to begin, a good starting point could be FWD Term Life Plus insurance – an affordable option which gives you a million-dollar coverage from as low as S$1 a day.³

For added security, you’ll have the option of choosing how long you wish to be covered. Our Fixed Term plan helps you plan with certainty with premiums that stay the same from 5 years up to the age of 70, while our Renewable plan allows you to start with a low premium and enjoy guaranteed yearly renewals up to the age of 100.

Such a plan would play an important role in giving your loved ones the added assurance that they’ll be well taken care of in time of need, especially when you decide to start a family.

Plus, FWD Term Life Plus offers the flexibility to increase your coverage as your family grows and your needs evolve. All you’ll have to do is contact us when the time comes.

With the cost of raising a child for the first 21 years of their life amounting to more than S$400,000 on average, it would be prudent to get adequate life insurance protection to cover education, living and health expenses for your child should you no longer be able to work or pass away prematurely.

You value your physical assets

With the exorbitant prices of houses in Singapore, there’s no denying that your home is precious. After all, it is the place where you and your loved ones live, grow and spend time with each other the most.

If this is the case, you’ll want to ensure that your home is protected and the best way to do so is by getting a home insurance – and no, it’s not the same as the mandatory HDB Fire insurance.

To this end, you may wish to consider FWD Home insurance which protects your house building, home contents and renovations from as low as S$31.⁴

In the event of a fire, our home insurance covers the loss and damage to your possessions such as furniture, home appliances and personal belongings, which, despite what you think, are not covered by the HDB Fire insurance. Furthermore, your home will also be insured against other unexpected and unfortunate events such as burst water pipes, theft and vandalism.

This would be equally useful, whether you’re moving into your new house for the first time or looking to protect your current home.

With that out of the way, another valuable asset you may hold dearly could be your vehicle.

While driving or riding safely can protect your vehicle from accidents, breakdowns or damages, FWD Car or Motorcycle insurance will ensure that your vehicle is covered for in the event of them.

And did you know FWD is first and only insurer in Singapore to let you keep your NCD50 or NCD20 for life?

Not only that, we’ve approved⁵ 98.9% of all Car insurance claims and 100% of all ‘own damage’ Motorcycle insurance claims, so you can be assured that we always got your back when it comes to protecting your precious set of wheels.

As Singapore’s #1 home and auto insurer for customer experience⁶, you know you’ll be in good hands when you choose to protect your home or vehicle with us. #justsaying.

What now?

Just like finding the right partner, finding the right insurance plans take time and effort too. After all, what’s best for one person may not always be the same for you.

By identifying your core needs and what’s important to you (e.g. budget, safety, security, assets), you’ll be able to find the type of insurance that best matches your needs and protects who or what you care about.

So, ask yourself what it is you care about most and start finding your “perfect (insurance) match” today.