Faith, your friendly assistant
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Recent activity by Faith, your friendly assistant-
Can I change the frequency of my cash benefits payout? When will the change be effective?
Yes. You can change this option at any time during your policy term. The change of cash benefits payout will only be effective from the next policy anniversary onwards.
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How frequent will regular cash benefits be paid out?
Cash benefits may be paid out in either a monthly or yearly frequency.
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Can the accumulated Guaranteed Special Benefit and cash benefits be withdrawn at any time?
Yes, withdrawal of the accumulated Guaranteed Special Benefit and cash benefits is allowed at any time (in partial or full). The minimum amount to be withdrawn is S$500, and the accumulated cash be...
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How will the policy owner receive the Guaranteed Special Benefit and cash benefits if he chooses to receive them?
Payout of the Guaranteed Special Benefit and cash benefits will be via direct credit to bank account. If payout is at any time unsuccessful, that amount will automatically be accumulated with us at...
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Can the Guaranteed Special Benefit and cash benefits be accumulated to accumulate interest?
You can choose to receive your Guaranteed Special Benefit and regular cash benefits or accumulate them with us at a non-guaranteed rate of 3.25% p.a. (at an investment rate of return of 4.25% p.a.)...
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What are the total annual premiums payable?
For regular premium policies, the total annual premiums refer to the sum of all premiums payable throughout the duration of your policy (excluding premiums payable on riders) on an annual premium p...
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What is the sum insured of my policy?
The sum insured (SI) is equal to the total annual premiums payable throughout the duration of your policy (excluding premiums payable on riders). It is a value used to determine your Guaranteed Spe...
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What are the regular cash benefits payable?
Depending on the payout frequency chosen, cash benefits will be payable either every policy anniversary starting from the 4th policy year (for the annual payout option), or every policy monthiversa...
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Who receives the benefits and coverage of this policy?
The policy owner will receive the Guaranteed Special Benefit and cash benefits, as well as the death benefit, and any surrender benefit and maturity benefit due to be paid out. The person insured r...
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What is FWD Life Income?
FWD Life Income is a participating whole of life policy that pays you a stream of yearly or monthly cash benefits up to the original person insured’s 120th birthday.