Zurich has added several features to its business protection proposition.
The provider believes these will offer business customers more choice with new cover options. The elements include a relevant life policy trust, draft company share option purchase agreement, business protection spousal bypass trust, and a draft option agreement for business owned by souses or couples. The relevant life policy trust is to provide death-in-service benefits where there are too few employees to justify a group scheme or where it's desired to provide benefits above those provided by the group scheme. Arrangements are paid for by the employer, treated as an allowable de...
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