#Japan #Tokyo #Income Protection #FWD Life #Insurance Premiums

FWD Life Insurance Reduces Premiums for Income Protection

FWD Life Insurance Co., based in Chuo City, Tokyo, has exciting news for those seeking affordable life insurance solutions. The company recently announced a decrease in premiums for its long-standing popular product, the FWD Income Protection Plan (available for contracts from September 2, 2025). This announcement is underlined by the plan's longstanding reputation, having been awarded the top rank for six consecutive years in the upcoming New Good and Bad Insurance 2025 Edition, scheduled for release on November 29, 2024.

The FWD Income Protection Plan is designed to provide essential monthly benefits to families in the unfortunate event of the policyholder's death or a specified disability, ensuring a form of financial support that can be invaluable during challenging times. This plan has been consistently praised for its reasonable premium rates and unique coverage features, making it a go-to choice for many.

New Changes to Premium Rates

With the recent adjustment, the company emphasizes reductions in premium rates for non-smokers and preferred male smokers, allowing a broader audience to apply for this plan at even lower prices. Such price alterations reflect FWD's commitment to making essential insurance more accessible to those in need.

Additionally, the minimum payment guarantee period, which specifies the duration for which pension benefits will be paid out in the event of a claim, has also been revised. Customers can expect new terms effective from September 2, 2025, wherever applicable.

Minimum Payment Guarantee Period Adjustments

The following changes have been made to the minimum payment guarantee periods:


Please note that the availability of certain terms may vary based on the age of the policyholder and the policy term selected during application.

Key Features of FWD Income Protection

1. Monthly Pension Payments: In the unfortunate event of the policyholder's death or a specified high disability, beneficiaries receive monthly pension payments until the end of the pension payment period.
2. Waiver of Premiums: The plan can be supplemented with a waiver of premium due to the three major illnesses (cancer, heart disease, or cerebrovascular disease). In such cases, policyholders will be exempt from future premium payments following a valid medical diagnosis.
3. Pension Payments During Disability: If a policyholder becomes disabled or requires nursing care, monthly pension payments will be made up to the designated end of the payment period.
4. Attractive Rates for Non-Smokers: Health-conscious individuals and non-smokers can take advantage of more favorable premium rates.

For more detailed information on the FWD Income Protection Plan, including brochures and important policy documents, consumers are encouraged to visit the official FWD Life Insurance website.

About FWD Life Insurance

FWD Group is publicly traded on the main board of the Hong Kong Stock Exchange and operates across ten regions in Asia, providing leading life insurance services. Since its founding in August 1996, FWD Life has aimed to revolutionize how people perceive and approach life insurance, focusing on clear, simple, and innovative products that cater to customers’ needs. With over 2 million policies currently in force, FWD Life is committed to becoming one of Asia's leading insurance providers, continuously pushing to enhance service quality and product offerings.

For further insights into FWD Life Insurance, visit fwdlife.co.jp.