Zurich Life have introduced a new life cover product “Cancer Cover”. It pays a lump sum benefit on the diagnosis of cancer of specified severity. Cancer cover is available to clients aged 18 to 60 and is available on a single, dual or joint life basis. The minimum premium is €10 per month. The minimum amount of cover is €5,000. The cover is aimed at individuals who find serious illness cover too expensive but still want to have cover in the event that they are diagnosed with cancer.
Typical costs attached to this type of cover are as follows:
Male
(age next birthday) Cancer Cover Serious Illness Cover
Amount €100,000 €100,000
25 €10.00* p.m. €16.91 p.m.
35 €16.18 p.m. €32.61 p.m.
45 €39.37 p.m. €81.71 p.m.
Female
(age next birthday) Cancer Cover Serious Illness Cover
Amount €100,000 €100,000
25 €13.56 p.m. €17.96 p.m.
35 €27.70 p.m. €33.75 p.m.
45 €56.32 p.m. €70.28 p.m.
Source: Zurich Life, April 2012. Premiums quoted for non-smoker rates over a term 20 years.
For more information contact us today at 087-1202405.