Why Zurich Life cover?

Zurich’s Life cover helps provide financial protection for your customer's family should they die or be diagnosed with a terminal illness. They can choose to take out a policy that pays out in a lump sum, or they can select family income cover that pays out a monthly amount over the policy term.

Your customers can also choose to add one of two levels of children’s cover, as well as additional tailored protection if they’re planning to add to their family in the future. Visit our children’s cover page for further information on the options available.

Life cover

Provides cover to help financially protect your customer’s family should they die or be diagnosed with a terminal illness.

Eligibility:

Minimum premium £5 a month or £50 a year
Minimum age at entry 18
Maximum age at entry 83
Maximum age at end of term 89
Minimum term 1 year
Maximum term 50 years
UK resident

Included as standard:

Free Life cover during underwriting for up to £2,000,000
Free Life cover until mortgage completion - For up to £500,000 between exchange of contracts and completion.
Separation benefit - The ability to cancel a joint policy and start two individual policies after divorce, separation or the dissolution of a civil partnership, without answering any underwriting questions.

Additional benefits:

(added at extra cost)

Children's cover
Children's enhanced cover
Pregnancy and early childhood cover
Waiver of premium
Conversion option
Renewal option
Multi-fracture cover
Zurich Accelerate

Additional benefits

Children's cover options

Add either children’s cover or children’s enhanced cover to your customer’s policy as well as pregnancy and early childhood cover if they’re planning to add to their family in the future.

Find out more on the children’s cover page

Waiver of premium

We'll pay the premiums on the policy if your customer is too ill or injured to work for more than 6 months and they can't perform their current job.

Conversion option

Option to convert their policy to a Zurich Whole of Life policy without answering any underwriting questions. Not available with joint life second event, family income cover or decreasing cover.

Multi-fracture cover

Pays up to £6,000 If your customer breaks a bone, dislocates a joint, ruptures their Achilles tendon or tears a cruciate ligament in their knee.

Find out more on the multi-fracture cover page

Renewal option

Extends the policy with the same terms when cover ends without answering any underwriting questions. Not available with joint life second event, family income cover or decreasing cover.

Zurich Accelerate

A range of services offering fast access and support for your customer and their family for investigations, diagnosis and international treatment for cancer, cardiovascular and neurological conditions.

Find out more on the Accelerate page

Milestone benefit

We know a lot can happen between the day your customer takes out their policy and the day they need to make a claim. When these significant events occur, your customer can use the milestone benefit feature of their policy to increase their sum assured. They won't have to answer any health questions, but their premiums will change.

Mortgage

Take out a mortgage or increase the mortgage they already have

Marriage

Get married or enter a civil partnership

Separation

Divorce, separate or dissolve a civil partnership

Inheritance tax

Have an increase in their inheritance tax liability

Loss of group life cover

Lose their group life cover when switching jobs

Becoming a parent

Starting a family

Rent increase

Have an increase in their rental payments

Payrise

Get a pay rise of 10% or more

The maximum increase your customer can make using their milestone benefit is the lower of their original sum assured or £200,000. If they’ve selected family income cover, the most they can increase their sum assured by with this benefit is the lower of their original sum assured or £200,000 divided by the number of remaining months left on the term of their policy.

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

If your customer is using this option in connection with an increase in inheritance tax liability, they will need to be 69 years old or younger.