How does FWD Invest First Plus policy charge work?

The policy charge is payable from the 25^th month to the end of the policy term and will be deducted on each policy monthiversary.

Policy charge in policy year N = [1.2% p.a. /12] X annualised committed regular premium X N, where N refers to the policy year of the policy during premium payment term. Thereafter, N refers to the selected premium payment term.

E.g. Mr. Wong buys an FWD Invest First Plus policy with 25-year premium payment term and S$12,000 annual premium. His policy charge in policy years 3, 10, 25 and 26 onwards is as follows:

Please note that the policy charge after the premium payment term stays constant through the rest of the policy term.