Zurich Life Insurance

Zurich Life Insurance. Fact! If you don't compare them against the market now it could cost you £1000's. Compare the whole life insurance market.

Zurich Life Insurance

Zurich is one of the biggest names in the UK for life insurance. This is important because the main concern when buying life insurance should be "will the insurer be around in the future to pay out?", and as one of the world's largest finance companies this is not a concern.

They also offer a range of plans to help you protect your family and loved ones financially if you're circumstances drastically changed. Cover includes their level protection plan, decreasing mortgage cover plan, adaptable life plans, adaptable term plans and their income protection plan.

The Company

Zurich Financial group has a large network of offices and subsidiaries throughout the globe. The Group is a pioneer in the field of insurance and is headquartered in Zurich. The headquarters of the company play an important role in its growth. In all types of insurances, be it personal, commercial or corporate, they hold an important marketing position covering both sides of the Atlantic. The position is also strengthening in all the other markets of the globe including Asia pacific. The company uses the strategic location to the fullest.

The company provides a range of services, specializing in pension, protection and investment. The services they provide are considered to be very good in the world of finance.

There are three groups in which the organization is split into. They are Global Life (CEO Kevin Hogan), General Insurance (CEO Mario Greco), and Farmers (CEO Paul Hopkins).

Company History

Zurich Financial Group was founded in the year 1872 and as said above, is headquartered in Zurich, Switzerland. The employee strength of the company is nearly 60,000 and it proudly operates in nearly 170 countries all over the globe. The company has its offices all over Europe and it also operates and has subsidiaries in Asia Pacific and Latin America.

In the year 1872 the company was established as Versicherung Verein, a subsidiary of Schweiz Marine Insurance Company. In 1875 its name was changed to Marine and Accident Insurance and later in 18984 it came to be known as General Accident and Liability Insurance. In the year 2000, the dual holding nature of the group was unified and it became Zurich Financial Services.

They announced creation of 240 jobs in the country of Ireland in the year 2010. The organization’s business segments are also divided on the basis of regions they operate in. the three regions are Americas (Regional Chairman Paul Hopkins), Europe and Africa (Regional Chairman Dieter Wemmer), and Asia Pacific Middle East (Regional Chairman Geoff Riddell).

Types of Life Cover

They provide a wide range of Protection, Pension and investment plans. The pension and investment plans of the company makes available to you the excellent expertise of the most renowned fund managers of the industry. The protection plans provided by the company have been listed below:

• Level protection Plan: if one wants financial protection for the family or business in case of death or terminal illness.
• Decreasing Mortgage Cover Plan: if one has to repay a mortgage or loan and in case of death or terminal illness the loan will be repaid.
• Adaptable Life plans: Cash sum is provided to the family in case of death or terminal illness.
• Adaptable Term plan: if diagnosed with terminal illness and expected to live for less than a year, cash will be provided to the family.
• Income Protection plan: this plan is suitable when one cannot work because of some mishap.

Review

On the website review you will find only one review but that customer was fully satisfied with this company. He finds them very easy to deal with. He got his claim within a month and he has given 5 on 5 to this company both in Customer service and Value for Money. Hence, the overall rating is also 5 out of 5.