FWD Smart kid 2.0

05/11/2020 10:47 AM

From the day your child is born to the day they stand on their own feet, every step your child takes is an important one. As parents, you want all the best in the world for your child. You want them to be healthy, to explore the world without hesitation. You also want to be there to guide them every step of their way. And you’d love to provide for them financially to secure their future success.

FWD Smart kid 2.0 combines insurance and savings in only one solution, protecting both parent and kid against several risks, at the same time guaranteeing solid financial foundation for kid in the future. Rest assured and enjoy every precious moment of parenting as FWD is here to help you with the rest.

Key selling points of FWD Smart kid 2.0:

  • Hospitalization support for kid in case of Hand-foot-mouth, Measles and Dengue
  • Financial support of 100% Sum assured for kid upon diagnosis of Any-stage cancer
  • Guaranteed education fund of 100% Sum assured
  • Double Guaranteed education fund in case of risks happening to parent
  • Protect parent against various risks up to 300% Sum assured

  • Entry age:
    • Parent: from 18 to 55 years old
    • Kid: from 0 day to 21 years old
  • Premium term: from 10 to 18 years
  • Policy term: Premium term + 3 years

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I. PROTECTION BENEFITS

1. Protection benefits for Kid

More than anything, you want your kid to be healthy to explore the world without hesitation. Protecting your kid against various health risks from mild to severe conditions, FWD Smart kid 2.0 ensures that your kid is safely protected in each and every experience.

               


Policy is still in-force and other benefits are still payable after FWD pays out kid protection benefits. FWD will pay Any-stage Cancer benefit once during policy.

2. Protection benefits for Parent

To be there and guide them every step of their way, you also need protection. FWD Smart kid 2.0 brings well-rounded protection for parent (Main LA) with both financial support and waiver of premium to ensure your kid’s wellness plan against any risks.


              

Critical illnesses include Cancer, Heart attack and Stroke. Critical illness benefit is payable once and policy remains in-force after paying out this benefit.

TPD, Death and Accidential death benefits will deduct any Critical illness benefit that has been paid before if any. All benefits for parent is terminated after paying out this benefit.​​​​​​​

II. SAVINGS BENEFIT

One day soon, your kid will stand on their own feet to follow their passion and conquer their dreams. To give them the best shot at success, FWD joins hand with you in ensuring a solid financial foundation.

                


Guaranteed education fund 100% Sum assured together with Cash benefit 10% Sum assured are guaranteed benefits against any risks, laying a solid financial foundation for kid to succeed in the future. At the same time, with Accumulated interest, your policy will earn interest right from inception to make sure you kid’s financial foundation will continue to grow.

Accumulated interest is non-guaranteed benefit and will be announced by FWD.


III. ENHANCED BENEFIT

FWD doubles Guaranteed education fund in case risks happen to parent (Main LA). This meaningful benefit helps your kid have stronger support in face of challenges.

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Additional 100% Sum assured will be paid upon maturity.

Please refer to Terms & Conditions of product for more details.

Adding the right supplementary riders would go a long way to maximize the protection for you and your loved ones. Check out our suggested product package below, combining main product with riders to bring the most complete protection for your whole family:


Mom

(Main LA)

Dad

Kid

(Additional LA)

FWD Smart kid 2.0

x


X

FWD CARE Critical illness insurance 2.0

x

x


FWD CARE Enhanced waiver of premium 2.0 


x


FWD CARE Accident insurance

x

x

x

FWD CARE Hospitalization support insurance

x

x

x

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Product leaflet

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Product Terms and Conditions

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Rider brochure

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