Zurich UK Life has made improvements to its mortgage and family protection proposition, including expanding the eligibility of its life and critical illness cover.
It is increasing the maximum eligibility age for term assurance applications from 65 years to 83 years, extending the upper age of term assurance policies from 69 years to 84 years and Increasing the maximum eligibility age for critical illness applications from 69 years to 74 years.
Zurich is also extending the upper age of critical illness policies from 69 years to 74 years and increasing the maximum term for life cover to 50 years.
Gerry Warner, protection development manager, said: “We recognise that society is changing with people now living and working longer and with that comes evolving financial needs with many people now having commitments that they want to protect beyond retirement age. It’s more important than ever that our proposition evolves to reflect these changing needs and that’s why we have introduced these new terms to provide advisers and their clients with greater choice and flexibility.”””
