View more on these topics

Zurich revamps critical illness product

Zurich Life is revamping its critical illness product to offer three tiered cover including protection for serious accidents.


The critical illness product is split into three levels offering basic, comprehensive or comprehensive plus cover.


The basic and comprehensive products cover a range of core critical illnesses plus permanent total disability.


The comprehensive plus product guards against illness and serious accidents. It pays the full sum assured if the policyholder is in hospital for 30 days or is physically unable to work for six months.


The product can include life cover and has the option of reviewable or guaranteed premiums.


There are also three options for the benefits to be paid. It can be paid at a fixed level throughout the term, it can be inflation protected or can reduce in line with a repayment mortgage.


Zurich is offering IFAs commission of 120 per cent of Lautro.

Recommended

Norwich & Peterborough wins positive press coverage

Norwich & Peterborough is celebrating its position as number one building society in terms of favourable press coverage in a quarterly survey taken by PressWatch.The building society came fifteenth out of the 1,197 UK companies surveyed and says its success is due to its excellent product-dominated score.The company won media plaudits for its green mortgages, […]

Martin Currie sticks with Shell

Martin Currie is retaining confidence in Shell as a profitable long-term investment despite the oil giant&#39s 56 per cent drop in third quarter earnings.It says the fall in earnings is due to the economic slowdown in Asia which is stretching most of the globe and not because of a drop in the price of oil.The […]

BSA picks up Hewitt&#39s gauntlet on social exclusion

The Building Societies Association is accepting Patricia Hewitt&#39s invitation to contribute to the financial exclusion debate.Hewitt made the invitation during a speech which challenged building societies to tackle the problem of financial exclusion in deprived neighbourhoods.BSA director-general Adrian Coles says: &#34We have established a group which will consider ways in which building societies can further […]

Scottish Widows launches Consensus Mixed Assurance Fund

Scottish Widows is launching a Consensus Mixed Assurance Fund investing in a portfolio of equities, gilts, fixed-interest stocks and cash. The fund will alter its weightings according to managed fund sector averages investing from a choice of five tracker funds. A Consensus Bond is available for lump sum investments offering a 1 per cent allocation […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment