Japan's First Group Term Insurance "Wealth Term Insurance" for Investment Trust Service Users Launched
WealthNavi Inc. and Dai-ichi Life Insurance Company, Limited have launched "Wealth Term Insurance," Japan's first group term insurance offering death benefit coverage specifically for users of investment trust services. This collaboration leverages WealthNavi's extensive customer base and Dai-ichi Life's insurance expertise to provide affordable coverage, enabling users to secure their future while managing their assets.
📋 Article Processing Timeline
- 📰 Published: April 15, 2026 at 01:45
- 🔍 Collected: April 14, 2026 at 17:31
- 🤖 AI Analyzed: April 19, 2026 at 15:45 (118h 13m after Collected)
Dai-ichi Life Insurance Company, Limited
WealthNavi Inc. (Headquarters: Shinagawa-ku, Tokyo; CEO: Kazuhisa Shibayama; hereinafter referred to as "WealthNavi") and Dai-ichi Life Insurance Company, Limited (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Toshisuke Sumino; hereinafter referred to as "Dai-ichi Life") have commenced handling "Wealth Term Insurance," a group insurance product for customers using WealthNavi's asset management services.
This is the first (*1) in Japan to offer group death benefit insurance for users of investment trust services.
*1 Dai-ichi Life survey (as of March 1, 2026)
* Market research concerning "Group death benefit insurance for users of investment trust services"
Research institution: Mirai Trend Research Institute Inc. (as of March 30, 2026)
"Wealth Term Insurance" is a group term insurance product for WealthNavi customers only, with an application process completed entirely online. By combining WealthNavi's service infrastructure, used by over 460,000 people, the highest number (*2) for investment trust services in Japan, with the scheme of group insurance, it enables customers to secure death benefit coverage at affordable premiums.
*2 Comparison of asset managers in wrap services (investment trust contracts) based on the Japan Investment Advisers Association (from April 1, 2026, the Investment Management Association of Japan) "Asset Management Status (Latest Version) (as of end of December 2025)". WealthNavi survey (as of March 2026).
Group insurance is a type of insurance often introduced as part of employee welfare benefits, targeting individuals belonging to specific "groups," such as corporate employees. By positioning WealthNavi's customers as a single "group" for this initiative, we are now able to offer an insurance product that leverages the unique benefits of group insurance to WealthNavi users.
Please note that to apply for "Wealth Term Insurance," opening an asset management service account with WealthNavi (starting to use the investment trust service) is required.
Apply for "Wealth Term Insurance" here ▼
■ Background of "Wealth Term Insurance" Provision
For the working generation, it is essential and important to balance "preparation for the future" through asset management with "preparation for the unexpected" through life insurance. While the penetration rate of life insurance is high at approximately 90% (*ii), the coverage amount of life insurance relative to the necessary death benefit is only about 50% (*iii), indicating a tendency to not adequately secure the required coverage. Furthermore, the importance of asset management for the working generation has been steadily increasing for future living expenses and retirement funds.
Against this backdrop, Dai-ichi Life, which has been supporting customers' peace of mind since its establishment in 1902, and WealthNavi, used by over 460,000 customers primarily in the working generation, have combined their strengths to launch "Wealth Term Insurance," creating synergy between "life insurance" and "asset management."
"Wealth Term Insurance" is a group term insurance product that allows the working generation to secure necessary coverage while keeping premium burdens low. By allocating surplus funds generated from lower premiums to asset management, it is expected to accelerate the pace of asset formation for the future.
Through the provision of "Wealth Term Insurance," WealthNavi and Dai-ichi Life aim to widely promote it as one of the rational choices for the Japanese working generation to simultaneously achieve "preparation for the unexpected" and "preparation for the future," and will continue to contribute to each individual's secure and affluent life.
■ Main Features of "Wealth Term Insurance"
1. Secure coverage at affordable premiums unique to group insurance.
"Wealth Term Insurance" leverages the mechanisms of group insurance to provide coverage at affordable premiums. WealthNavi will act as the policyholder and handle administrative procedures, and by utilizing the service infrastructure used by over 460,000 customers, operating costs will be reduced, realizing affordable premiums.
Furthermore, "Wealth Term Insurance" is a term type of insurance that provides death benefit coverage for a fixed period. By securing the necessary coverage for the necessary duration according to life stages, such as "until children become independent" or "until retirement," it is expected to reduce premium burdens.
* Premiums listed are for the period April 2026 - March 2027.
* The above is an example. Premiums vary depending on the coverage details (insured amount, age, gender, premium rates according to the number of insured persons, applicability of "Kenko Ouen Wari" [Health Support Discount], etc.).
* Please check here for coverage details, here for age, and here for "Kenko Ouen Wari."
2. The application procedure is straightforward.
WealthNavi Inc. (Headquarters: Shinagawa-ku, Tokyo; CEO: Kazuhisa Shibayama; hereinafter referred to as "WealthNavi") and Dai-ichi Life Insurance Company, Limited (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Toshisuke Sumino; hereinafter referred to as "Dai-ichi Life") have commenced handling "Wealth Term Insurance," a group insurance product for customers using WealthNavi's asset management services.
This is the first (*1) in Japan to offer group death benefit insurance for users of investment trust services.
*1 Dai-ichi Life survey (as of March 1, 2026)
* Market research concerning "Group death benefit insurance for users of investment trust services"
Research institution: Mirai Trend Research Institute Inc. (as of March 30, 2026)
"Wealth Term Insurance" is a group term insurance product for WealthNavi customers only, with an application process completed entirely online. By combining WealthNavi's service infrastructure, used by over 460,000 people, the highest number (*2) for investment trust services in Japan, with the scheme of group insurance, it enables customers to secure death benefit coverage at affordable premiums.
*2 Comparison of asset managers in wrap services (investment trust contracts) based on the Japan Investment Advisers Association (from April 1, 2026, the Investment Management Association of Japan) "Asset Management Status (Latest Version) (as of end of December 2025)". WealthNavi survey (as of March 2026).
Group insurance is a type of insurance often introduced as part of employee welfare benefits, targeting individuals belonging to specific "groups," such as corporate employees. By positioning WealthNavi's customers as a single "group" for this initiative, we are now able to offer an insurance product that leverages the unique benefits of group insurance to WealthNavi users.
Please note that to apply for "Wealth Term Insurance," opening an asset management service account with WealthNavi (starting to use the investment trust service) is required.
Apply for "Wealth Term Insurance" here ▼
■ Background of "Wealth Term Insurance" Provision
For the working generation, it is essential and important to balance "preparation for the future" through asset management with "preparation for the unexpected" through life insurance. While the penetration rate of life insurance is high at approximately 90% (*ii), the coverage amount of life insurance relative to the necessary death benefit is only about 50% (*iii), indicating a tendency to not adequately secure the required coverage. Furthermore, the importance of asset management for the working generation has been steadily increasing for future living expenses and retirement funds.
Against this backdrop, Dai-ichi Life, which has been supporting customers' peace of mind since its establishment in 1902, and WealthNavi, used by over 460,000 customers primarily in the working generation, have combined their strengths to launch "Wealth Term Insurance," creating synergy between "life insurance" and "asset management."
"Wealth Term Insurance" is a group term insurance product that allows the working generation to secure necessary coverage while keeping premium burdens low. By allocating surplus funds generated from lower premiums to asset management, it is expected to accelerate the pace of asset formation for the future.
Through the provision of "Wealth Term Insurance," WealthNavi and Dai-ichi Life aim to widely promote it as one of the rational choices for the Japanese working generation to simultaneously achieve "preparation for the unexpected" and "preparation for the future," and will continue to contribute to each individual's secure and affluent life.
■ Main Features of "Wealth Term Insurance"
1. Secure coverage at affordable premiums unique to group insurance.
"Wealth Term Insurance" leverages the mechanisms of group insurance to provide coverage at affordable premiums. WealthNavi will act as the policyholder and handle administrative procedures, and by utilizing the service infrastructure used by over 460,000 customers, operating costs will be reduced, realizing affordable premiums.
Furthermore, "Wealth Term Insurance" is a term type of insurance that provides death benefit coverage for a fixed period. By securing the necessary coverage for the necessary duration according to life stages, such as "until children become independent" or "until retirement," it is expected to reduce premium burdens.
* Premiums listed are for the period April 2026 - March 2027.
* The above is an example. Premiums vary depending on the coverage details (insured amount, age, gender, premium rates according to the number of insured persons, applicability of "Kenko Ouen Wari" [Health Support Discount], etc.).
* Please check here for coverage details, here for age, and here for "Kenko Ouen Wari."
2. The application procedure is straightforward.