How will my family benefit with Zurich TermLife?
The Zurich TermLife is an insurance policy brought out by Zurich and offers flexible coverage and affordable premiums. With this policy you get to choose how long you would like to be covered for in the case of death and permanent disability.
As a policy holder you can hold on to it for as long as you are able, wit the maximum renewal age of 70 years. It protects your family in the unfortunate event that you are compromised.
Also since the Zurich TermLife is non-participating policy you will not have to pay any extra premiums for any unwanted investments. This will make your premiums will be more affordable and easier to manage.
What kind of protection will I get?
In the even of your death or if you face a permanent disability, Zurich will proceed to pay the total amount of your sum assured to you or your next of kin.
Unlike most insurers, this policy allows you to extend your protection against total and permanent disability up to the age of 70. So if you have only just started on the path of life insurance, this is a great deal that will benefit you in the long run.
Who can buy this term life policy?
TermLife by Zurich is offered to anyone between the ages of 16 to 65 years. Since term life insurance is meant for individuals as a policy holder, you will not be able to cover your kids under the same plan.
That being said, if you would like to purchase the policy for your child separately, you can as long as they are 16 years old and over.
Can I choose how long I want to be covered for?
One of the great things about the Zurich TermLife policy is that it gives you flexibility to choose how long you want to be covered for.
This means you can pick an insurance plan that both adheres to your individual timeline and stays within your budget. After you've worn out the plan, Zurich continues to offer you an array of insurance schemes that you can later choose from.
You also have the choice to add on certain enhancement options to this life term insurance policy. These additional riders can be tailored fit specific areas of your life, family and finances that may need additional protection. So, whether it is a mortgage, health coverage, or your children’s education, customize your plan to take it all.
Anything else that's special about this plan?
As an insurance provider serving many other Malaysians like yourself, Zurich understands that protecting you also means protecting your business interests.
Therefore, if you run your own business and have employees in your care, then this Zurich policy allows for you to take care of your employees in the event of their death or if they face permanent disability. The policy will protect them until there comes a time you find a replacement for said employee.