Zurich has seen a significant rise in large case policies issued over the last year.
The provider reported a 20% increase in the number of policies sold with a sum assured of £1m and above. There was also a 9% growth in applications over the same period, something which the insurer said was part of a longer term trend. "Since 2007, large case applications have increased by 140% despite the fact that the widely-reported protection gap shows no signs of closing," it explained. In a bid to help advisers understand more about this specialist area of underwriting, Zurich has produced a reference guide for those new to this area. The Guide to Financial Underwriting an...
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