Key Major Advantages of Zurich International Term Assurance

Key Major Advantages of Zurich International Term Assurance

Term insurance is always cost-effective with a low premium. Usually, term insurance will be chosen for a particular period. During the period if the life insured passed away the coverage amount i.e. the sum assured paid the beneficiary i.e. nominee.


Some of the major key points and advantages good to know about Zurich Term insurance Dubai

    • Affordable premium: Always term insurance premium will be low since it will not have any cash value.
    • More comfortable: You can choose the plan term starting from 5 years 10 years 15 years according to your requirements .you buy term insurance for different needs for the short-term purpose.
    • Portable: Zurich International term insurance provides cover worldwide internationally. even if the policy owner moves out of any country, it will still the plan is valid and benefits are covered.
    • Peace of mind: Term insurance always have no cash value and it will be written while taking the plan, the benefits are covered particular period only. in case of the insured person dies the nominee will receive the sum insured amount as a lump sum. So the beneficiary and family are very clear about that coverage amount.
    • Critical illness cover: it covers the major 35 critical illness, in case if the life insured get in critically ill or diagnosed with a critical illness, then the lump sum cash amount paid.
    • Terminal illness: If the life insured get in to critically ill and if not able to survive more than 12 months the full policy amount i.e. life cover amount paid in advance, very simple to understand if the Doctor confirms that this person will not survive more than 12 months due to the illness, then the life insurance cover amount paid in advance.
    • Permanent total disability: the lump sum amount will be paid, if the person gets into permanent total disability.
    • Waiver of premium: if the life insured person not able to work due to illness or accident then the full benefit amount paid
    • Multiple usages:
    • 1. Family protection: Generally, Term insurance purchased the majority of individuals for family protection
      Mortgage Insurance Dubai Purpose: since banks will funding for a home loan, to cover the loan amount, banks normally ask for assig the insurance policy to secure the loan amount. Zurich Term insurance will protect
      2. Key man Insurance: Business protection and succession plan - key man insurance will help the company in case the key person in the company if he died or critically ill, the future operation of the company will keep continuing.
      3. Partnership Insurance: today business environments a lot of companies run by the different partners if any partner passed away the operation of the company will not be disturbed. to secure the partner's share in the company, the other partner will not get into trouble.
      4. Protect the business loan: The majority of cases, many businesses run by the single business owner and also for ongoing business operations and for growth of the business usually the go business loans, in this case, if the business owner absent or died even getting into major critical illness. This kind of insurance plans a major role known as Critical Illness Insurance .
      Age at entry: 18 yrs Maximum age at entry:59 yrs
      Single life option / joint lives first Death
      Minimum premium USD30 per month