View more on these topics

Zurich launches group spouse and partner life cover

Zurich has launched group spouse and partner life cover for its corporate risk customers.

The insurer says although employers may offer life cover in the event of an employee’s death, there is no similar provision if their partner or spouse dies.

Its spouse/partner cover is a voluntary group life arrangement and allows employers to set the value and number of benefits, with a maximum benefit of £250,000.

The cover is available for employees up to age 75, and involves a short application form as part of the member acceptance process.

Zurich group protection manager Nick Homer says: “We are delighted to offer this important benefit for the employees of our corporate risk customers. In today’s society there is an increasing need for additional financial support if a spouse or partner were to die, particularly when the employee has young children or financial dependents.

“The new product has been developed to be simple and cost effective, enabling employees with families to take advantage of this important benefit.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com