Zurich American Life Insurance Co. has selected First American Insurance Underwriters Inc., a life insurance wholesaler, to distribute its wealth transfer life insurance product to the affluent market, says Zurich Global Life. Zurich is expanding its Global Life business in to the United States and establishing the Zurich brand as a select provider of life insurance products designed to meet the needs of the affluent market.
Zurich says the affluent market products are particularly attractive, since the company has international underwriting capabilities; can offer up to $20 million of life insurance coverage without going to a reinsurer; and has an attractive international program for professional athletes.
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