Convertible Standalone Serious Illness (with Indexation)
- Bonus Benefits
Zurich Life Assurance plc
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A lump sum will be paid out if you are diagnosed with one of the specified illnesses covered under your policy - you will have full cover against 47 specified serious illnesses and partial cover against a further 23 specified illnesses
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You have a rolling continuation option which can be exercised at any stage during the term of your policy
Quotation is valid for 7 days or until age next quarter (whichever is sooner). This quotation assumes that you are accepted by the insurance company at standard rates.
Parental respite cover
Pays 50% of the Specified Illness lump sum to a maximum of €25,000 if one of the life insured’s children aged between 1and 18 years of age (or up to age 21 if they are in full time education) is diagnosed with a specified illness.
Convertible
This option allows you to convert your cover to another policy without having to provide new evidence of health
Indexation
Indexation ensures that your cover increases by approximately 3% and your premium increases by approximately 4.5% each year. The indexation rate only applies in year 2 of the policy. This helps to protect the real value of your cover as time passes.
Serious illness
- If you are diagnosed with one of 70 specified serious illnesses during the term of your policy, a lump sum will be paid out
Bonus Benefits
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Reinstatement Clause - This is an automatic additional benefit. You have 90 days to reinstate your policy after your first missed premium payment. Furthermore it can be reinstated even if an claim has arisen. However it cannot be reinstated if Zurich Life has received a written request from you to cancel the policy.