Terminal illness benefit
If you are diagnosed with a terminal illness your full life cover sum will be paid out. (This benefit ends twelve months before the end of the term you have chosen).
- If you are diagnosed with one of 70 specified serious illnesses during the term of your policy, a lump sum will be paid out
Waiver of Premium - This is an automatic additional benefit. If you are unable to work due to illness or disability , Zurich Life will pay your premiums after a period of 13 weeks has passed. Payments stop on earliest of recovery, end of policy term , 60th birthday or death.
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.
Joint Serious Illness
If you have availed of joint life cover with accelerated serious illness and either person is diagnosed with a specific serious illness within the term of the policy, a payment is made, the serious illness portion of the policy ceases and the life sum insured is reduced by the amount of the claim.