Zurich has improved its level term life and critical illness insurances. To help customers who may need to make changes to their existing cover when their circumstances change.
It has added a renewable and convertible option to all new guaranteed premium versions of these covers. This will enable customers to either renew or convert their policy at a later date, without the need for further medical evidence. The renewable option is available on life cover and critical illness cover, while the convertible option is available on life cover only.
Peter Hamilton of Zurich UK Life says, "We recognise that people's circumstances change, and that over the term of a plan people's protection needs may change. It is vitally important that our proposition evolves to reflect these changing needs, and that is why we have introduced three renewable and convertible options to provide customers with greater choice and flexibility."
Critical illness insurance: News update: 6 August 2010