Razer Fintech has collaborated with digital insurance provider FWD Singapore to provide S$100,000 complimentary term life insurance coverage to each of the first 1,337 users who qualify to be Razer Premium Cardholders.
The Razer Card is a Visa prepaid card solution launched earlier this month.
This collaboration serves the needs of the youth and millennials locally, reflecting the synergy between Razer Fintech and FWD and is an addition to the existing products from FWD’s Covid-19 insurance plan that have been made available via the Razer Pay app. In the following months, other relevant insurance products such as cancer, critical illness and term life insurance will also be added to the platform.
The FWD Group has a presence in Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia. The group offers life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets. The insurer offers fresh customer experiences with easy-to-understand products supported by digital technology. FWD was established in Asia in 2013 and started operations in Singapore in 2016. It is the insurance business of investment group, Pacific Century Group.