FWD Future First vs Term Life Plus & Critical Illness Plus: Why Cheaper Isn’t Online (2025)

Looking for the best protection for you and your family? This FWD insurance comparison examines the differences between FWD Future First, Term Life Plus, and Critical Illness Plus in Singapore. Many Singaporeans assume that buying insurance online is cheaper, but in reality, advisor-assisted plans like FWD Future First often provide more coverage at lower premiums.

In this guide, we break down each plan’s coverage, premiums, and key features so you can make an informed decision for 2025. Whether you’re comparing FWD life insurance plans or looking for multi-stage critical illness coverage, this article will help.

FWD Insurance Comparison: Overview of Plans

FWD offers a mix of online and advisor-exclusive plans:

• FWD Term Life Plus → Direct online term life coverage

• FWD Critical Illness Plus → Standalone online CI plan

• FWD Future First → Advisor-only term plan with flexible riders, including critical illness riders which covers CI across all stages

While online plans are convenient, they aren’t always cheaper. This FWD insurance comparison helps clarify the differences.

Read more: How pre-existing medical conditions can affect your insurance application

FWD Future First Review – Advisor-Only Plan

What it is:

• Advisor-exclusive term insurance plan

• Covers death, terminal illness, and total and permanent disability (TPD)

• Optional riders for critical illness (CI) and early critical illness (Early CI)

• Full underwriting; you will need to declare your medical history (if any), the underwriter will assess and may come back with a standard, postponed, exclusion or loading outcome. 

Key Features:

• Lower premiums than online alternatives

• Flexible add-ons for both Term Life and CI coverage

• Guidance from a licensed financial advisor to structure your plan

Best for: Those seeking comprehensive FWD life insurance coverage, including Early CI riders and multi-stage critical illness protection.

Read more: FWD Future First Review

FWD Term Life Plus Review – Online Term Plan

What it is:

• Direct online DIY term insurance plan

• Covers death, terminal illness, and TPD

Key Features:

• Quick online purchase

• Simplified underwriting – Declare a few questions online, underwriting will be stricter, outcome will be either standard or declined. 

• Straightforward coverage

• First year discount: 50% off your first year premiums, which may make your premiums looks cheaper but do note it is only for the first year

Limitations:

• Limited CI rider options compared to Future First, only Late Stage Critical Illness rider is avaliable

• Slightly higher premiums than advisor-only plans after the first year

Best for: Buyers seeking convenient online FWD insurance with basic term life coverage.

Read more: FWD Term Life Plus

FWD Critical Illness Plus Review – Standalone CI Plan

What it is:

• Standalone online critical illness plan

• Covers early and intermediate stage of cancer, stroke and heart attack

• Covers 37 late-stage critical illnesses

Key Features:

• Affordable premiums

• Simplified underwriting – Declare 4 questions online, underwriting will be stricter, outcome will be either standard or declined. 

• Can complement term life insurance

• First year discount: 50% off your first year premiums, which may make your premiums looks cheaper but do note it is only for the first year

Limitations:

• Covers mostly late-stage CI only; limited early CI protection

• Cannot be combined with term life in a single plan

• Maximum coverage: $300,000

Best for: Those who want budget-friendly FWD CI protection without term life coverage.

Read more: FWD Critical Illness Plus

Feature Comparison Table: FWD Future First vs Term Life Plus vs Critical Illness Plus

Price Comparison: Future First vs Term Life Plus vs Critical Illness Plus

Here’s a simplified premiums comparison (illustrative figures for a 30-year-old non-smoker, male)

Insight: Even though it’s advisor-only, Future First often provides better value than buying Term Life Insurance Plus or Critical Illness Plus online.

 

Which FWD Plan Should You Choose?

• FWD Future First → Best for lower premiums, flexible CI riders, and advisor guidance

• FWD Term Life Plus → Best for convenience and basic online term life coverage

• FWD Critical Illness Plus → Best for standalone, late-stage CI protection at affordable premiums

Final Thoughts

Buying insurance online isn’t always cheaper. This FWD insurance comparison shows that Future First can be more affordable and flexible than Term Life Plus or Critical Illness Plus. With a licensed advisor, you get tailored FWD life insurance coverage suited to your budget and needs.

✅ Compare all your options, and whatsapp us today for a FREE comparison across different insurance companies if you want both savings and comprehensive coverage.

FAQs

1. Is FWD Future First available online?
No, it’s only available through licensed financial advisors.

2. Does FWD Term Life Plus include critical illness coverage?
No, it is primarily term life death coverage, however, there is an option to add late stage critical illness rider at additonal cost.

3. Can FWD Critical Illness Plus be purchased with Term Life Insurance Plus?
Yes, you can purchase the plans seperately.

4. Why is FWD Future First often cheaper than online plans?
Advisor-only plans can offer more flexible pricing and bundled riders, making them more cost-effective.

In this article, we compare all three products so you can decide which is best for your budget and protection needs.

Confused about what you really need in your current insurance portfolio? Let us walk you through it—no cost, no pressure. Leave your contact details via the form below or Whatsapp us today!