FWD Life Insurance Plc ("FWD Insurance") participates in the 5th Bangkok Money Expo (Money Expo 2022 Bangkok Year-End) during 15-18 December 2022 at Hall EH 103-104, BITEC Exhibition & Convention Center, Bangna. The theme for this event is "Wealth to Wellness: Balancing the Life Between Financial Prosperity and Health."
FWD Insurance will offer a variety of products at the event, including financial planning and tax planning, a retirement savings plan, and a health care and medical treatment expense protection plan, all designed using a customer-led approach.
Product highlights include:
- The launch of "Mind Strength," a market first for Thailand as the first product to cover mental health benefits and any psychiatric medical costs for both OPD and IPD cases, means that customers can choose to secure comprehensive coverage for physical and mental health by simply attaching the "Mind Strength" plan to their primary health insurance policy, "FWD Precious Care."
- In addition, for those who are looking for saving products, FWD For Saving 25/15 Insurance and FWD For Pension 85/7 are two additional standout optional saving products that enable consumers to "Celebrate living" every day and enjoy their lives to the fullest.
Mr. David Koruni?, Chief Executive Officer of FWD Insurance, said, "We are delighted to end the year by introducing a variety of innovative life insurance products to support our customer's needs at every life stage, from financial and tax planning, retirement planning, as well as health care and medical expenses for both physical and mental health. All products will be available at "The 5th Bangkok Money Expo" or "Money Expo 2022 Bangkok Year-End". Our team of experts will be there to advise customers on the best-suited products for them and provide the best customer experience for everyone upon their visit to our booth."
Customers can now discover the newest product innovation in the market, "Mind Strength," which covers all costs associated with mental health, including psychiatric medical costs, for both inpatient (IPD) up to 200,000 Baht per year and outpatient (OPD) up to 4,000 Baht per time, up to 12 times per year on a co-pay basis where the customer pays 10% of outpatient medical costs per time. The benefits extend to if a psychiatric condition is diagnosed within 365 days of also being diagnosed with the following four critical illnesses: advanced cancer, myocardial infarction, stroke, and chronic kidney disease. The policy also covers the ongoing treatment expenses as an outpatient after being admitted as an inpatient within 60 days after hospital discharge, as well as mental strengthening services for 365 days without having to buy a new policy. Customers only purchase the "Mind Strength" plan as a rider to their "FWD Precious Care" primary health insurance to receive total protection for both IPD and OPD, with coverage ranging from 1 million to 100 million baht.
There are more FWD insurance products on offer at the event such as FWD for Saving 25/15 insurance, a savings insurance plan that offers valuable benefits, with annual cash payouts and policy maturity benefit of 150% of the sum assured and up to 200% of the sum assured in case of an unfortunate event, and FWD For Pension 85/7, an annuity insurance plan to enjoy a worry-free life after retirement, where the customer only pays a premium for seven years and fulfills their joyful retirement by receiving a continuous annuity from the age of 60-85. The annuity will continue to increase every year as they progress, up to 24% of the sum assured, and they will receive a lump sum in case of an unfortunate event.
For those who are interested in learning more about insurance products, please visit the FWD Insurance booth at the 5th Bangkok Money Expo (Money Expo 2022 Bangkok Year-End) during 15-18 December 2022, at Hall EH 103-104, BITEC Exhibition and Convention Center, Bangna.