This term is fixed at the time you incept the plan. It provides compulsory life cover and the option to add any combination of the additional benefits (see below).
Depending on the cover you choose, your premiums may be guaranteed for the policy term, or reviewed periodically
Zurich International Term Assurance key features:
- You can choose a term of between five and 35 years.
- You can maintain protection wherever you or your business move to.
- You can add the optional benefits of critical illness, permanent and total disability, or waiver of premium benefits.
- You can combine ITA with other products.
Critical illness cover (which pays on the diagnosis of an illness during the term).
Permanent or total disability benefit (which pays you a cash sum if you become permanently or totally disabled during the policy term).
Waiver of premium benefit (which pays your policy premiums if you are unable to work through illness or accident).
Common restrictions apply to this plan (such as hazardous sports exclusions, cancellation of cover if premiums are unpaid, or voiding if inaccurate information is provided).
Territoriality changes do not automatically void insurance even if moving to the US, although some cover may subsequently be limited.