For FWD’s DIRECT – Term Life insurance, will the policy be renewed automatically? Faith, your friendly assistant September 15, 2021 14:47 Updated Yes. To ensure you continue to enjoy uninterrupted coverage, we currently only offer recurring payments. Related articles For the FWD Critical Illness Plus insurance 10-year renewable plan, will the policy be renewed automatically and will my premiums be charged upon renewal? Is FWD’s DIRECT – Term Life insurance renewable? Will my FWD DIRECT Term Life insurance cover be affected if I am currently undergoing medical treatment for an illness?