Can I transfer ownership of my FWD DIRECT – Term Life insurance policy to someone else? Faith, your friendly assistant September 15, 2021 14:47 Updated No, the person insured and the owner of the policy for DIRECT – Term Life insurance must be the same. Related articles I have cancelled my maid’s work permit with Ministry of Manpower (MOM). How can I cancel the Maid insurance with FWD? Do I need to go for a medical check-up for FWD’s DIRECT – Term Life insurance? Can I make premium payments for my FWD policies purchased through financial advisers, using PayNow? Can I buy FWD’s International Health insurance and how do I buy it? I have a ‘US Indicia’. Will I be subjected to Foreign Account Tax Compliance Act (FATCA) requirements when I buy DIRECT – Term Life insurance from FWD?