The financial giant Zurich announces changes to its life insurance and critical illness cover. Bringing more ways to safeguard our home mortgage, family and children
Zurich announce that their children’s cover options can be seamlessly added to either Life insurance or Critical Illness policies. This not only broadens access to children’s cover but also provides significant benefits for advisers building menu plans with separate Life Cover and Critical Illness policies.
For example, attaching children’s cover to a Life Cover-only policy ensures that even if the Critical Illness policy pays out in full and ends, the children’s cover continues—maintaining essential protection.
Customers can choose any cover amount between £10,000 and £100,000, which remains level throughout the policy term, regardless of the structure of the adult cover.
Additionally, the cover amount can be increased or decreased during the policy term, allowing you to tailor the solution to meet the families changing needs. Ideal to mirror a reducing residential mortgage or the inline with increasing lifestyle costs of society.
Zurich have a choice between Children’s Cover or Children’s Enhanced Cover, along with Pregnancy and Early Childhood Cover for families planning to grow. Ideal for those young families and their homes; may be first time buyers or parents at any age for that matter.
To ensure customers only pay for the cover they need, our children’s cover options can be added or removed at any time. This flexibility helps you more easily meet your Consumer Duty obligations by aligning protection with actual needs.
Pregnancy and Early Childhood Cover can be combined with either Children’s Cover or Enhanced Children’s Cover. This provides tailored financial protection for conditions related to pregnancy and those typically diagnosed in children under the age of 7.
Please use our contact page or call us on 0115 8226901 for more information on how you can protect your family, home and mortgage