Zurich Futura Whole Life Insurance

Zurich Life Insurance Company offers various beneficial life insurance plans for its customers. Unlike other life insurance policies in the UAE, the Zurich Futura Whole Life Insurance policy includes a variety of features, benefits, inclusions and add-on covers. 

The major benefit of this life insurance policy is the death benefit where it provides a sum assured to the beneficiary in case the policyholder passes away. Keep reading to know more about the life insurance policy.

Features of Zurich Futura Whole Life Insurance

Here are a few major features of a Zurich Futura Whole Life Insurance policy.

• Affordable Premiums - Zurich Futura Whole Life Insurance comes with affordable insurance premiums for the policyholders. The insurance plan comes with a minimum monthly premium of USD 150. The amount may vary depending upon the coverage the policyholder opts for.
• Customised Plan - Zurich Futura Whole Life Insurance is a flexible life insurance plan. The policyholders can add their desired covers based on their insurance needs.
• Worldwide Insurance Policy - Zurich Futura Whole Life Insurance is a whole life insurance policy that covers death due to any natural or accidental cause worldwide.
• Available in Multiple Currencies - Zurich Futura Whole Life Insurance policy members can pay the insurance premium in their preferred currency depending upon their financial needs.
• Full-time Assistance - Zurich Life Insurance Company offers full-time help and assistance for Futura Whole Life Insurance policy members. They can call the helpline anytime to seek assistance.
• Add-On Covers - Zurich Futura Whole Life Insurance comes with multiple optional insurance covers to help policyholders get the maximum benefit in a reasonable premium amount.
• Extended Coverage - Zurich Futura Whole Life Insurance offers extended coverage, including medical expenses related to critical illness, disability and income protection.
• Cover for Children - Zurich Futura Whole Life Insurance Policy offers cover for children against critical illnesses with no additional cost.
• Portable Insurance Plan - Zurich Futura Whole Life Insurance offers portability which means the policyholders have the flexibility to move their insurance plan with them.
• Guaranteed Income - With the Zurich Futura Whole Life Insurance policy, the insurer pays the sum assured to the beneficiary in the event of the policyholder’s demise. 
• Death Benefit - Zurich Futura Whole Life Insurance makes sure that the beneficiary gets the sum assured in case of the policyholder’s demise. This helps them maintain their lifestyle.
• Simple Application Process - Zurich Futura Whole Life Insurance Policy comes with a simple application process. The applicants can simply go to the company’s website and apply for the same in just a few clicks.
• Critical Illness Cover - Zurich Futura Whole Life Insurance Policy covers 36 critical illnesses for the policyholders to help them get quality treatment depending upon their medical conditions.
• Easy Claim Registration Process - Zurich Futura Whole Life Insurance Policy comes with an easy claim registration process. Both death and critical illness claims for insurance policies can be reported in writing and online.

Benefits of Zurich Futura Whole Life Insurance

The benefits of Zurich Futura Whole Life Insurance can be categorised into two parts – Compulsory Benefits and Optional Benefits.

Compulsory Benefits 

• Life Cover- Zurich Futura Whole Life Insurance offers life coverage for policyholders. With this benefit, the insurance company pays the sum assured to the beneficiary in the event of the policyholder’s demise.
• Terminal Illness - Zurich Futura Whole Life Insurance offers terminal illness benefits to cover policyholders against the diagnosis of a terminal illness.
• Life Event Increase Option - Zurich Futura Whole Life Insurance offers a life event increase option to help policyholders increase their policy benefits within 90 days of a particular life event. The covered events include marriage, childbirth, buying a house and more.
• Aeroplane Cover - With this cover in the Zurich Futura Whole Life Insurance Policy, the insurance company provides the beneficiary with an extra sum assured in addition to the standard insurance coverage amount in the event of the policyholder’s demise while travelling in an airline as a fare-paying passenger.
• Second Medical Opinion Service - Zurich Futura Whole Life Insurance offers a second medical opinion service to help policyholders connect with the best-known medical experts in the world. This benefit helps policyholders get a second opinion before they start their treatment.
• Funeral Coverage - Zurich Futura Whole Life Insurance provides the beneficiary with funds in advance to pay for the repatriation expenses and initial funeral costs in the event of the policyholder’s demise. 

Optional Benefits

• Accidental Death Benefit - With this benefit, Zurich Futura Whole Life Insurance provides a sum assured to the beneficiary in case the policyholder dies due to an accident.
• Critical Illness Benefit or Cancer Cover - The policyholders can take critical illness benefits or cancer cover with Zurich Futura Whole Life Insurance. The critical illness cover is provided when the policyholder is diagnosed with a critical illness or undergoes any medical treatment covered under the policy terms and conditions. On the other hand, the cancer cover is provided if the policyholder is diagnosed with one of the cancers listed in the Policy Terms and Conditions. Children’s critical illness benefits and cancer cover are included in the insurance policy.
• Dismemberment Benefit - With this optional benefit, Zurich Futura Whole Life Insurance provides coverage against loss of limb or sight of the policyholder caused due to an accident covered under the Policy Terms and Conditions.
• Family Income Benefit - With this optional benefit, Zurich Futura Whole Life Insurance pays a series of regular payments in case the policyholder dies during the policy term. 
• Fixed Term Income Benefit - Zurich Futura Whole Life Insurance fixed term income benefit offers regular income to help family members in the event of the policyholder’s demise before the age of 70. This helps them meet their financial requirements. 
• Hospitalisation Benefit - Zurich Futura Whole Life Insurance hospitalisation benefit offers coverage in case the policyholder gets hospitalised for four or more consecutive days during the policy term.
• Permanent and Total Disability - With this benefit, Zurich Futura Whole Life Insurance policyholder gets a cash sum amount if they are diagnosed with a permanent or total disability as stated in the terms and conditions of the insurance policy. The best part about this benefit is that a valid claim does not reduce the life cover sum insured.
• Waiver of Premium - Zurich Futura Whole Life Insurance offers a premium waiver in case the policyholder is totally incapacitated by illness or accident based on what is stated in the Policy Terms and Conditions.

Inclusions of Zurich Futura Whole Life Insurance

Here are the inclusions of Zurich Futura Whole Life Insurance.

• Protection against Death - Zurich Futura Whole Life Insurance offers protection against the death of the policyholder.
• Critical Illness of the Policyholder - Zurich Futura Whole Life Insurance offers protection against the critical illness of the policyholder.
• Coverage for Lifetime or Less - With Zurich Futura Whole Life Insurance, the policyholders can set up their policy to cover against a specific time frame or for their whole life.
• Premium Payment Flexibility - Zurich Futura Whole Life Insurance enables policyholders to pay their insurance premiums over a suitable time frame. They can choose the policy tenure ranging between 7 and 20 years depending upon their financial preferences.
• Funds Investment - Zurich Futura Whole Life Insurance allows policyholders to invest their insurance premium amount in a broad range of funds. They can use these funds to cover the cost of their insurance benefits.

Exclusions of Zurich Futura Whole Life Insurance

Here are the exclusions of Zurich Futura Whole Life Insurance.

• Suicide and Self-Inflicted Injuries - Zurich Futura Whole Life Insurance does not cover suicide or self-inflicted injuries of the policyholder.
• Existing Illnesses - Zurich Futura Whole Life Insurance doesn’t cover pre-existing illnesses if not informed about the same while buying an insurance policy.
• Withdrawal of the Policy Value  - Zurich Futura Whole Life Insurance ensures any withdrawal of funds from the policy doesn’t impact the duration of the insurance policy term.

Eligibility Criteria to Apply for Zurich Futura Whole Life Insurance

Here are the eligibility criteria to apply for Zurich Futura Whole Life Insurance.

• All UAE nationals and residents are eligible to apply for Zurich Futura Whole Life Insurance
• The age of the applicants must fall between 18 and 74 years. The age criteria may differ for some additional benefits.

Documents Required to Apply for Zurich Futura Whole Life Insurance

Here are the documents required to apply for Zurich Futura Whole Life Insurance.

• A completely filled application form
• Emirates ID – Original and a copy
• Passport with a residency visa – Original and a copy
• Photograph of the applicant
• Utility Bills of the last three months (for address verification)
• Medical Examination Report of the applicant - for health status verification
• Salary Certificate/Appointment Letter for income proof

How to Apply for Zurich Futura Whole Life Insurance?

Here are a few simple steps to help you apply for a Zurich Futura Whole Life Insurance Policy.

• Insurer’s Website - The applicants can visit the insurance company’s website and check the features and benefits of the Zurich Futura Whole Life Insurance Policy to know more about the same. They need to fill up the online application form and submit it on the website with all the essential documents. Once done, the company’s representative will contact the applicant, explain the policy in detail and help them apply for the insurance policy.
• Help and Support Line - The applicants can also apply for the Zurich Futura Whole Life Insurance Policy by calling the insurance company’s help and support line. They can simply visit the company’s website and click on the ‘Call me back’ button to get a call back from one of the insurance company representatives. The representative will contact the applicant and help them buy the insurance policy without any hassle.
• Insurer Company Branch - The applicants can also visit one of the insurance company’s branches to apply for Zurich Futura Whole Life Insurance Policy. They need to carry all the necessary documents to complete the application process in one go.
• Our Website -This is one of the most convenient ways of buying a Zurich Futura Whole Life Insurance Policy. The applicants can simply visit our website and go to the life insurance plans section to buy the insurance policy. They can also call our helpline to seek assistance. Our experts will let them know about the insurance policy in detail, help them in calculating the premium and submit the application.

How to Register a Claim for Zurich Futura Whole Life Insurance?

Here is a simple three-step process to help you file a claim for a Zurich Futura Whole Life Insurance Policy.

• Report the Claim - First, the policyholder needs to report the claim to the insurance company. They can call the company’s helpline number or send an email to inform them about the claim.
• Provide Required Documents - Next, they need to provide essential documents such as insurance cards, medical bills, diagnosis reports, death certificate, and other related documents as stated by the insurance company.
• Claim Settlement - Once done, the insurance company will verify the documents and process the claim. The policyholder needs to provide the correct information to get the claim approved easily. The most common reasons for the claim rejection include an incorrect claim registration process, lack of documents, incorrect details, incomplete application form, etc.

Related Link - 

Zurich YourLife - Online Insurance Plan