Whole of Life

• Minimum premium £8 a month or £80 a year
• Minimum age at entry 16
• Maximum age at entry - single person policy 83
• Maximum age at entry - joint life first death 69
• Maximum age at entry - joint life second death 83
• Must be a UK resident

Waiver of premium

We’ll pay the premiums on the policy if your client is too ill or injured to work for more than 6 months and they can’t perform their current job. For joint policies, this benefit can be added for either or both lives assured.

A lot can happen between the day your client takes out whole of life protection and the day they need to make a claim. They might get married, have a child, change jobs or get a promotion. They’ll need cover that reflects these changes.

When significant events happen, your client can change their sum assured using the milestone benefit without answering any questions about their health. If your client uses the milestone benefit, their premiums will change.

The significant events are:

The maximum increase your client can make to their sum assured is the lower of their original sum assured or £200,000.

This benefit must be used within 90 days of the significant life event and can only be used if the client is 54 years old or younger.

• Increase the sum assured
• Add waiver of premium
• Review the premium if your client previously smoked

• Reduce the amount sum assured
• Remove waiver of premium
• Remove increasing cover
• Change the rate on increasing cover

We agreed that confidence in whoever is going to provide your protection solution is important to you. With this in mind, I’m able to provide some background information about Zurich which reflects their standing in the market.

Zurich Protection provides you with range of ways to protect yourself and your family against the financial impact of death, critical illness or loss of income through illness or injury. Zurich have built their products in a way that lets you choose the level of protection you need, and change it when your life changes.

Zurich is a leading insurer that serves its customers in global and local markets. With about 54,000 employees, it provides a wide range of general insurance and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations.

From our discussion I recommend you take out Zurich Whole of Life cover of £<insert level of life cover here> with Zurich. The whole of life policy has no upper age limit, it protects you for the whole of your life should you die or be diagnosed with a terminal illness.

You should add waiver of premium to your whole of life policy. With this benefit Zurich will pay the premiums on your policy if you’re too ill or injured to work for more than 6 months and you can't perform their current job.

As we discussed, it’s important that your protection fits in well with your life. Zurich have built their products in a way that lets you choose the level of cover you want, and change it when your life changes. So where they can, Zurich have made it possible for you to add or remove benefits without having to answer questions about your health, or changes in your personal circumstances.

With a Zurich policy, you will have access to Zurich Support Services, an independent team of counsellors, advisers and legal experts. They offer support in the following ways:

• Free and confidential health and wellbeing service
• Impartial help and support on a wide range of issues
• An independent service provided by Zurich’s partner, Workplace Options
• Up to six sessions of professional counselling
• Not just available at claims stage – your can use this throughout the lifetime of your policy
• Available to you and your family with no limit on queries or issues

Zurich Support Services is available to your client, and their family, 24 hours a day 365 days a year and can be used from the moment they take their policy out.