Provider, Zurich, has launched a digital platform, LifeVault, for customers to organise wills, important documents, personal wishes and memories in one place.
Zurich said the platform is designed to extend support beyond the traditional life insurance pay out. According to the provider's survey of 2,000 UK adults, managing probate or estate administration falls to 42% of people facing the death of a loved one. The provider found that 60% of people responsible for probate found it difficult, which increased to 83% of millennials. While 79% of adults had worries about how their loved ones will cope after they pass, Zurich said 48% of the adult population (48%) have a valid will. Louise Colley, director of retail protection, Zurich UK, s...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.





