Everything you need to know about the new insurance product bespoke for music lovers

Tuesday, March 05, 2024

In celebration of its 10th year anniversary as the insurer of the next generation, FWD Life Insurance (FWD Philippines) continues its commitment to create innovative products by launching a new protection plan meant to celebrate Filipinos’ passion for music. 

Filipinos are iconic for their passion for music—from celebrating life through singing glass-breaking tunes in the karaoke to selling out local concerts of their favorite artists. In fact, a recent study reported that 38% of Filipinos have attended concerts locally or overseas and is expected to continue this 2024. The music streaming market in the Philippines is also anticipated to achieve a revenue of US$54.32 million this year.

Now available at the FWD Online Shop, The One for Music Lovers is an accessible insurance plan that starts at PhP 330. It offers customizable coverage for loss of hearing, loss of speech, paralysis, motor neuron disease, stroke, other major critical illnesses, and accidental death for 18 to 70-year-old Filipinos or legal residents of at least six months, and who are in good health.

Policy holders also get a voucher from the Philippines’ leading tech curator, Digital Walker, so they can celebrate their passion for music now, and thank themselves later.

To launch the new plan, FWD became the official insurer of one of the biggest and most anticipated music festivals this year, the Aurora Music Festival, which is happening on April 6 to 7 at Clark Global City, Pampanga. Through the partnership, The One for Music Lovers policy holders have an exclusive opportunity to upgrade their event tickets for free.

For a limited time only, this means their Silver (Php500), Gold (Php1,000) or SVIP (Php3,000) ticket can be amped up into an Orange Ticket for each tier that also comes with its own perks like:

Access to the Orange Lane. Skip the long lines with a special lane exclusively just for limited-offer Orange Ticket holders.

Early entry. Get on the concert grounds 30 minutes earlier than the rest.

Free FWD merch. Fan out with essential festival merch items from FWD.

More surprise benefits on ground to complete your ultimate Aurora Music Festival experience.

FWD Chief Marketing and Digital Business Officer, Roche Vandenberghe emphasizes there is a protection gap among those in the creative industry, including the artists, composers, and those working behind the scenes.

Aligned with the Philippine Creative Industries Development Act, we want to do our part in nation-building by expanding our Celebrate living series with The One for Music Lovers insurance plan,” said Vandenberghe.

With our new plan, we’re providing accessible and affordable protection for every Filipino who is a music lover, from the listeners to those who make music their livelihood, supporting the country’s creative economy.” 

The FWD Celebrate living series includes the insurance brand’s innovative protection policies including The One for gamers that is designed specifically to complement the lifestyle of the Filipino gaming community.

Ready to thank yourself later and to enjoy 1Oxperiences at the Aurora Music Festival? Get The One for Music Lovers by visiting shop.fwd.com.ph or contact an FWD financial advisor now.

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