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...
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