FWD Invest Goal Flexi Review
The complete Pros and Cons on FWD Invest Goal Flexi
FWD Invest Goal Flexi is an investment-linked policy with a short minimum investment period of 3 or 5 years, Receive 3 different types of bonuses to boost your initial investment and reward continuous investment.
FWD Invest Goal Flexi product details
- Life Policy – Investment-linked policy
- Short Minimum Investment Period
- Choose a Minimum Investment Period of 3 or 5 years
- You can take unlimited premium holidays after the end of the chosen MIP
- Booster Bonus
- Receive a Booster Bonus of up to 20% of the regular premium paid in the 1st policy year
- Contribution Bonus
- Receive yearly Contribution Bonuses of 2% per annum on the regular premium account if you continue to pay premiums after the end of the chosen MIP
- Contribution Bonus is payable until the of the 10th policy year
- Loyalty Bonus
- Receive yearly Loyalty Bonus of up to 2.25% per annum from the 11th policy year onwards
- Penalty-free Withdrawals
- From the 3rd policy onwards, you may make 2 partial withdrawals charge-free
- Involuntary Unemployment Benefit
- In the event of involuntary unemployment (i.e. retrenchment), premium shortfall charges are waivable for 6 months if you stop paying premiums
- Guaranteed Acceptance
- No medical checks are required to take up this investment-linked policy
Read about: Investment-Linked Policy: Is it the best option?
Read about: 3 best Investment Linked Policies in Singapore (Updated)
Features of FWD Invest Goal Flexi at a glance
Cash and Cash Withdrawal Benefits
- Cash value: Yes
- Cash withdrawal benefits: Yes
Health and Insurance Coverage
- Death: Yes
- Total Permanent Disability: No
- Terminal Illness: No
- Critical Illness: No
- Early Critical Illness: No
Health and Insurance Coverage Multiplier
- Death: No
- Total Permanent Disability: No
- Terminal Illness: No
- Critical Illness: No
- Early Critical Illness: No
Optional Add-on Riders
Nil
Additional Features and Benefits
Yes.
For further information and details, refer to FWD website. Alternatively, fill up the form below and let us advise accordingly.
Read about: Effects of compounding returns on your investments
Read about: 5 ways to beat inflation in Singapore
FWD Invest Goal Flexi may be suitable if you are looking for
FWD Invest Goal Flexi may potentially be a good fit if the following matters to you:
- To participate in the long-term financial returns of investing
- A full-forced investment-linked policy with minimal insurance coverage
- Able to take investment risks and comfortable with financial market volatility
- Regular-pay premium term investment plan (3 or 5 years)
- Take unlimited premium holidays after the end of the minimum investment period
- Potentially higher financial returns compared to traditional Endowment and Whole Life policies.
- Insurance options without medical underwriting
Read about: An introduction to Investment Linked Policy
NEW Feature: Compare investment-linked policies across insurance companies using the CompareNOW feature on InterestGuru.sg.
FWD Invest Goal Flexi may not be suitable if you are looking for
FWD Invest Goal Flexi may potentially be a bad fit if the following matters to you:
- Health and Protection coverage
- High Death and Terminal Illness coverage
- Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Guaranteed financial returns in the long run
- Single premium investment option with no further financial commitment
- Insurance policy with a high surrender value in the early years of the policy
- Expecting an urgent need for withdrawal during a financial market downturn
Further considerations on FWD Invest Goal Flexi
- How is FWD or FWD Invest Goal Flexi investment returns based on historical performance?
- How does FWD Invest Goal Flexi compare with Endowment policies from other insurance companies?
- Can FWD Invest Goal Flexi fulfill my financial, insurance, health, and protection needs?
The above information may not fully highlight all the product details and features of FWD Invest Goal Flexi. Talk to us or seek advice from a financial adviser before making any decision about FWD Invest Goal Flexi.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering taking up.
Where can I compare the payout and benefits of Investment Linked Policies?
Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies. Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?
Use our Compare NOW feature to receive the most competitive quotes on Investment linked Policies.
Alternatively, you just need to provide us with a couple of details below.
Is FWD Invest Goal Flexi suitable for me?
Contact InterestGuru using the form below. Our panel of partnered financial planners will advise accordingly, based on your financial profile and protection needs.
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