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 Do I need to go for a medical check-up for FWD’s DIRECT – Term Life insurance? Can someone else make payments for my FWD DIRECT – Term Life insurance? Can I make changes to my FWD DIRECT – Term Life insurance coverage after I buy it? What is FWD DIRECT – Term Life insurance? When will the security bond be transmitted to the Ministry of Manpower (MOM)?