Zurich update Life Insurance offering
Australian based life insurer Zurich has updated its life risk products for the market in Australia.
The company has seen an increase demand for life insurance related products
“The pressure and stress of the financial crisis is starting to bite and Australians are feeling it,” Zurich head of life risk Colin Morgan said. ”Zurich’s aim is to make life risk insurance more affordable and easier to obtain, to help protect Australians and their families financially against the unexpected.”
Zurich has also reviewed the pricing of its products resulting in the price of its death and total and permanent disability (TPD) products reducing.
But truama insurance increasing by 5% and income protection insurance by 2%