About Zurich

Zurich is one of the world’s largest insurer groups, headquartered in Zurich, Switzerland, and founded in 1872. It now offers life insurance products and services in over 215 countries. Zurich is on a mission to become the UK’s leading financial services provider, committed to ‘doing the right thing, in the right way and for the right reason’.


Zurich life insurance policy features

If you buy life insurance through Zurich, your policy is likely to come with the following features:

Guaranteed premiums The amount you pay every month in life insurance premiums is guaranteed to stay the same for as long as you hold the policy.
Guaranteed insurability This means you’d have the opportunity to increase your life insurance cover after certain life changes. In a Zurich policy, this includes: getting married or entering a civil partnership; becoming a parent; getting a significant pay rise; and taking out a new mortgage or increasing your mortgage.
Payment delay You’ll be able to delay the payment of your monthly life insurance premiums beyond your usual pay date – giving you a little extra flexibility, if needed.
Terminal illness benefit If you fall terminally ill while you hold a Zurich life insurance policy – in other words, a doctor has said you have 12 months or less to live – you can claim the lump sum early, on diagnosis.
Waiver of premium Most life insurance policies come with this handy add-on that means you won't be required to pay your monthly premiums if you're off work for medical reasons. You usually need to be off for a certain amount of time before you can claim this benefit.

Zurich life insurance extra benefits

Zurich life insurance policies also come with extra benefits, outlined below. These features are ‘non-contractual’, which means they’re not related to the contractual conditions of your own policy, and are usually provided by a third party. Everyone is eligible for them – though they’re usually only made available if you buy your Zurich policy through an adviser.

Zurich support services 24/7 access to an independent team of counsellors, advisers and legal experts for you and your family. This includes support for carers, life coaching, debt and money management, legal information, and up to five counselling sessions.

Zurich life insurance claim rate

In 2018, Zurich paid out 99% of life insurance claims. The 1% of claims not paid out are caused by misrepresentation (i.e. providing inaccurate information when you apply for the policy) or because the claim didn’t meet the required definition stated in the policy.


Zurich life insurance prices

The following prices are based on:

  • Healthy 25-year old male or female
  • £150,000 of level life insurance cover
Term Non-smoker Smoker
10 years £7.10 £8.50
20 years £7.30 £8.70
30 years £7.50 £9.70
  • Healthy 25-year old male or female
  • £250,000 of level life insurance cover
Term Non-smoker Smoker
10 years £9.50 £11.70
20 years £9.70 £11.90
30 years £10.10 £13.90
  • Healthy 35-year old male or female
  • £150,000 of level life insurance cover
Term Non-smoker Smoker
10 years £9 £13.50
20 years £9.30 £16
30 years £10.70 £20.10
  • Healthy 35-year old male or female
  • £250,000 of level life insurance cover
Term Non-smoker Smoker
10 years £12.40 £19.30
20 years £12.90 £23
30 years £15 £29.30

Quoted on 14/02/2020


It’s important to make an informed decision when buying life insurance – which is where Anorak can help. We scan all the major insurers to match you to the products most suitable for you, based on your unique needs. We give you peace of mind about who to go with (especially if your most suitable policy is from an insurer you’ve not used before).
What is life insurance?
An insurance policy that pays out a tax-free lump sum to your partner or family if you die. It’s designed to make sure your loved ones would be financially secure without you and your income.
Who needs life insurance?
Anyone who has financial dependents. In other words: other people who rely on your income. If you have a partner or children who’d be financially affected by you dying, you should consider having some life insurance in place.
How much does life insurance cost?
Life insurance is often very affordable, but the cost will be different per person. This is because it depends on the cover you buy and how much of a risk you are to insure (based on your age, health and lifestyle). Generally speaking, it's cheapest when you’re young, fit and healthy.
Does life insurance always pay out?
Life insurance will pay out if you die while you’re insured and you were honest about your health when you applied. It won’t pay out if you die after your policy runs out or you cancel it – and might not if you meet an exclusion (e.g. many insurers exclude death by suicide within the first year).
Is it easy to claim?
Claiming on a life insurance policy is straightforward – your partner or family simply claim directly with your insurance company. Making sure they know about your policy and have the details in case the worst happens can be helpful.

This review is intended for informative purposes only and does not constitute advice.