Level Protection Plan

What this plan is designed to do

• Provide you with one or more of the following:

• Life cover that pays a cash sum if, during the plan’s term, you die or are diagnosed with a terminal illness and are expected to live for less than 12 months.
• Critical illness cover that pays a cash sum if, during the plan’s term, you are diagnosed with one of the specified critical illnesses.
• Life or earlier specified critical illness cover that pays a cash sum if, during the plan’s term, you die, or are diagnosed with an earlier critical illness. You can also add extra life cover or extra critical illness cover.

• Allow you to include the option of converting some or all of the life cover under the plan to a new plan which will provide cover for the rest of your life (lifetime protection).
• Allow you to include the option to renew the plan at the end of the term, for a further term.
• Allow you the option to include a payment protection benefit, which pays a monthly amount if you can’t work because of long-term illness or injury.
  

What we ask you to do

• Make regular payments over the plan’s term.
• Give us all the information we ask for when you apply for the plan. Please don’t assume we’ll contact your doctor for any medical information we need.
• Tell us about any changes to the information you give us on your application, which occur before your plan starts. The Key Features Document and Terms & Conditions for the plan will give you more details on this. Your adviser will be able to supply you with these.
• When choosing the level of payment protection benefit you want, take into account any State benefits you may be entitled to, and any other insurance plans you already have that provide cover for accident, illness or injury (including any other plans with Zurich).
• Review your cover regularly, with your adviser, to make sure it continues to be right for your needs.
   

What you need to be aware of if you apply for this plan

• If you don’t answer all the questions on your application fully, truthfully and accurately, we may not pay a claim.
• We will not pay a claim in certain circumstances. The relevant Key Features Document and Terms & Conditions for the plan will give you more details on this. Your adviser will be able to supply you with these.
• If you stop paying, your cover and plan will end after 30 days. We won’t refund any of your payments.
• If you choose reviewable payments you may have to pay more in the future. There is no limit to the increase in payments that may apply. You may not be able to afford the same level of cover after a review or be able to take out replacement cover.
• Payment protection benefit risks:

• If you don’t take into account any income you may receive from other sources, you may be paying for more benefit than you can claim.
• If your earnings have reduced at the time you claim, we may reduce the benefit we pay you.
• We won’t refund any payments you’ve made if you have paid for a higher benefit than you can claim or we reduce the benefit we pay you.
• If you receive the benefit, you may not be able to receive some means-tested State benefits.