Cover for children if they suffer a critical illness and a joint life separation option form part of two products launched by Zurich in a bid to improve its protection proposition.
The new plans, aimed at the mortgage and personal protection markets, are Decreasing Mortgage Cover (DMC) and the Level Protection Plan (LLP). Zurich says the dual launch offer a number of combinations of cover, including integrated income protection, also known as payment protection benefit (PPB), with a choice of guaranteed or reviewable rates for some blends of cover. It says this benefit can be selected alongside life cover, life and earlier critical illness cover, and standalone critical illness cover. Peter Hamilton, Zurich UK Life’s protection management director, says he hopes th...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
