Purchase a Term Life Plus plan and unlock 50% discount* on eligible life insurance! Gift this exclusive deal to a loved one or use it to enhance your coverage.

Valid till 31 March 2023. T&Cs apply. *Discount applies to first-year premium only. Protected up to specified limits by SDIC. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Our Term Life Plus Insurance Coverage at a glance

Up to S$1.5 million coverage
Million dollar term life cover from as low as S$1/day1
Fixed or renewable terms

Apply up to S$1.5 million term life insurance coverage online in just minutes

  • Whether you’re starting your first job, building a family, or pursuing your life goals, FWD Term Life Plus gives you the confidence to do so. Apply online with up to S$1.5 million coverage from as low as S$1 a day.

choose the term life insurance
that suits your needs




What FWD Term Life Plus covers
No medical examination
With Term Life insurance, you can buy up to S$1.5 million of coverage without the need for a medical check-up if you are in the pink of health.
Big coverage at an affordable price
Get a million dollar term life insurance cover from as low as $1 a day and the freedom to pace your premiums with your income. (for a 28 year old non-smoking male)
Enhance your cover
Beef up your coverage with optional benefits to protect yourself if you are diagnosed with a critical illness or become unable to work due to a total and permanent disability.
Spouse coverage
In the event of your death, your spouse is eligible for term life cover of up to S$250,000 for 1 year.
FWD Care Recovery Plan
FWD Care Recovery Plan is our complimentary support program that goes beyond paying a claim during your moments of need. Between 01/07/2021 to 31/12/2023, if your eligible claim is approved, the FWD Care Recovery Plan will be made available to you. To know more, download our brochure here.
Be covered even as you age
Guaranteed renewals over your policy period.
fixed over your policy period
up to age
100 years
Uninterrupted coverage - waiver of premium
If you purchase the optional premium waiver benefit, you can enjoy life insurance coverage without paying subsequent premiums in the event you are unable to work due to a total and permanent disability or critical illness.
waiver of premium
waiver of premium
not available
Plan with certainty
For fixed term, your premium remains the same over the policy period you choose. For renewable term, your premium changes every year allowing you to start with lower premium.
fixed premium for 5 year and longer term
premium starts low and increases yearly

enhance your life insurance coverage at
a fraction of your premium

Over 70% of our customers choose additional protection for critical illness or total and permanent disability with their term life cover. In event of these, you also get your subsequent premiums waived if you choose to get our premium waiver benefit.

common life insurance questions

Am I eligible for buying this policy?

You can buy this policy if:

  • Your age is between 18 to 60
  • You are currently residing in Singapore
  • You have a valid NRIC/FIN

What is the difference between whole life insurance and term life insurance?

Both pay out sum insured upon death or disability. There are 2 key differences:

  • Whole life insurance has cash value which will be paid out when you surrender the policy. Term life insurance has no cash value and offers only pure protection, which is why premiums are typically cheaper.
  • Whole life insurance commonly covers up to 100 years old, while term life insurance gives you the flexibility to specify the period of coverage. Read more about the differences between whole life and term life insurance here.

What is the difference between renewable term and fixed term FWD Term Life Plus insurance?

Premiums for renewable term is cheaper than fixed term life insurance at the start, but prices increases yearly. This helps you pace your premiums as your income increases.
Premiums for fixed term are slightly higher at the start but stay the same for the entire policy term. This helps you plan your finances with certainty.

learn more about life insurance

Know more and make better choices - find useful tips and ideas on our blog!

Direct Term Life insurance

Looking for an alternative plan? Opt for a reduced cover of up to S$400,000.

Did not find what you were looking for?

Our financial advisory partners can guide you to understand your protection needs and recommend a customised life protection insurance plan.

here’s what customers are saying about us


1For a 28 year old non-smoking male.

This page is for general information only. You can find the detailed terms and conditions of this plan in the policy wording.

Buying life insurance policy is a long term commitment. You may wish to seek advice from a financial adviser before making a commitment to purchase the policy. In the event that you choose not to seek advice from a financial adviser, you should consider whether the policy is suitable for your needs. Switching from an existing policy to a new one may have potential disadvantages.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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