Term Life Insurance
MyTerm Plus Term Life Insurance Plan
Pure life insurance plan - Coverage up to HK$8 million with yearly or 10 years renewable periods. Superior version also provides additional accidental death benefit and double indemnity benefit.
I am applying for
Gender
Smoking status
Age
Renewable period
Choose a plan
Monthly
Annual
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All premiums are calculated on standard rates and this quote is for reference only. The actual premium to be paid includes an insurance levy, which we’re obliged to collect for the Insurance Authority.
Before proceeding, please confirm you understand this product’s features and that it fits your need(s).
Who needs life insurance?
Wish to support parents’ life until the end? You need a life insurance to leave your legacy of love.
Want to prepare the best for children and beloved one? You need a life insurance to leave your legacy of love.
Don’t want to lose the property which has been contributing for long in unfortunate event of death? You need a life insurance to safeguard your property.
Why should I choose term life insurance?
Term life insurance VS. Saving life insurance
Term life insurance - With zero saving element, and most of the premiums are spent on protection.
Saving life insurance - With saving element, part of the premiums is spent on protection and part is used for saving.
Sum Insured at same premium level upon policy application
The above comparison is based on the assumptions of the same coverage and policy cost at the standard premium rates at policy application.
What is MyTerm Plus term life insurance plan (“MyTerm Plus”)?
Simply answer 3 health questions and complete the application as fast as 5 minutes
Guaranteed renewable up to age² 100 irrespective the change of insured’s health condition upon policy effective.
With the change of your life stages (such as marriage and the birth of a child), you can exercise Life Celebration Booster Option³ to top up your sum insured without underwriting³.
You can apply for the unemployment premium waiver benefit to waive one year’s premium if you become involuntarily unemployed.
You may enjoy lower premiums at application if you choose annual renewable period, but premium will be adjusted annually at renewal. You can enjoy guaranteed fixed premiums during 10 years renewable period⁴ if you choose 10 years renewable period.
You can choose the death benefit settlement option for the payment of death benefit in the form of a lump sum, regular installments or a mix of both.
Want to have a more comprehensive plan?
Additional accidental death benefit⁵
If insured pass away due to an accident, and meet specified requirement⁵, we will pay an additional accidental death benefit⁵ up to 100% of sum insured^.
Double indemnity benefit
If insured pass away due to specified accidents⁶, we will pay double indemnity benefit that is equal to 100% of the amount payable in additional accidental death benefit⁵.
100% of total sum insured^
100% of total sum insured^
Double the amount of accidental accident death benefit⁵ (i.e. additional 100% of total sum insured^)
Up to 300%
of total sum insured^
FWD Care with you every step of the way
Second medical opinion services⁷
Second medical opinion service⁷ provided by some of the highest-ranked US medical institutions.
^Total sum insured is the sum of the sum insured of MyTerm Plus and Life Celebration Booster (if any).
Choose your ideal plan option
Standard | Superior | |
Death benefit |
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Advanced death benefit⁸ |
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Additional accidental death benefit⁵ |
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Double indemnity benefit |
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Life Celebration Booster Option³ |
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Unemployment premium waiver benefit⁹ |
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Conversion privilege¹⁰ |
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FWD Care -Second medical opinion service⁷ |
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Monthly Premium | as low as HK$9.72 Quote now | as low as HK$11.52 Quote now |
The premium is calculated on standard rates and is based on the monthly premium for a non-smoking male aged 18 with coverage of HK$200,000 at a renewal term of 1 year. All premiums (exclude levy collected by the Insurance Authority and non-guaranteed) are rounded to the nearest whole number and the actual premium amount varies from person to person and is for reference only.
Case study
A few clicks to get covered
Extra services
Applicants with a designated promotion code* can enjoy a FREE body check. Terms & conditions apply.
Selected applicants with a special promotion code^ can enjoy a free FWD Wellness Pass 12-month plan, with unlimited access to designated health and wellness services at up to 50% discount. Terms & conditions apply. FWD Wellness Pass is a subscription service but not an insurance plan. For details, please see the brochure.
Selected applicants with a specific promotion code# can enjoy a free influenza vaccination service. Terms & conditions apply.
*Except WINWIN, SUPERVIP, FWDMAX, MAXLUCK23, FWDVIP.
^Except ATL23, TM2023, WINWIN, TA23, 4IN1, AIDISCOVERY, SUPERVIP, FWDMAX, FWDVIP, HOLIDAY, PRIME2023.
#Except ATL23, TM2023, WINWIN, TA23, 4IN1, AIDISCOVERY, MAXLUCK23, HOLIDAY, PRIME2023.
General information
Basic Plan
19 – 66
To insured’s age² 100
Guaranteed renewable up to insured’s age² 100
yearly / 10 years
- Premium is varied by factors including but not limited to insured’s age², gender, smoking habit, usual residency, occupation, health factors and renewable period⁴
- For 10 years renewable period, the premium rate¹¹ is guaranteed and will not be increased based on the age² of the insured within each of the renewable period⁴
- MyTerm Plus will be renewed at the end of each renewable period⁴. The premium rates upon renewal are not guaranteed and will be determined at our sole discretion based on factors including but not limited to the age² of the insured at the time of renewal, claims experience and policy persistency from all policies under this product
HK$
HK$200,000
| Issue age² | Maximum sum insured |
|---|---|
| 19 -51 | HK$8,000,000 |
| 52 – 66 | HK$3,500,000 |
This platform offers Monthly premium payment mode
Policy holder can contact FWD Customer Service to amend premium payment mode after policy is effective
MyTerm Plus is underwritten by FWD Life Insurance Company (Bermuda) Limited (incorporated in Bermuda with limited liability) ("FWD Life/ FWD/We"). This eCommerce Platform is operated by FWD Financial Limited ("FWD Financial"). FWD Financial is an appointed and licensed insurance agency of FWD Life.
The product information in this website is for reference only and does not contain the full terms and conditions, key product risks and full list of exclusions of the policy. For the details of benefits and key product risks, please refer to the product brochure; and for exact terms and conditions and the full list of exclusions, please refer to the policy provisions of the plan.
Please make sure you are eligible for this product before applying:
• I (and the Insured person if applicable) am a permanent HKID card holder with a Hong Kong residential address.
• Currently in Hong Kong at the time of making this application.
• I will not or have no intention to live or work outside Hong Kong or home country over 183 days in the coming 12 months.
• I am not a holder of the People’s Republic of China Resident Identity Card.
Note: Online applicants will be requested to visit FWD Insurance Solutions Centres under the following circumstances: 1) Collection of policy documents upon issuance of policy; 2) Cancellation of policy during the cooling-off period; 3) Change of beneficiary; or 4) Full surrender. Under specific circumstances, we may request online applicants to visit FWD Insurance Solutions Centres for identity verification.
Looking for other cover?
If you’re looking for more coverage, simply contact us and we’ll get back to you with more information.
