Spouse death in service 

Spouse's Death in Service is a death cover which provides a benefit for the spouse of an insured employee should the insured die due to accident or illness prior to the normal term age. Key management and employees have a clear idea of their value, their potential and the contribution they can make to their global-reaching companies. Including SDIS in their benefits plan addresses their high expectations and offers your package another key added value benefit.

Spouse's Death in Service can act as the basis of a solutions package that is tailored to fit the needs of your company. You can add it to existing covers already in effect or combine it with other covers to precisely meet your requirements. Spouse's Death in Service, another value added risk management product from Zurich International Solutions.

COVER
The spouse of an insured employee will receive a lump sum or an annuity benefit should the insured employee die due to an accident or illness prior to the normal term age of the employee.
Should the lump sum benefit option be chosen, thelump sum benefit equals the actuarial present value of the respective annuity.
If annuity benefit chosen, option of lifetime or temporary annuity.
A lifetime annuity benefit if chosen, is paid until the beneficiary dies. A temporary annuity benefit if chosen is paid until the beneficiary reaches the term age limit specified in the policy or dies, whichever occurs first.
You may choose to make premium payments in most major convertible currencies. 
You can choose the term age up to 65 years, extendible to 70 for certain occupational classes.

BENEFIT
If the benefit becomes due, it is paid in one lump sum benefit or a lifetime or temporary annuity, depending on what is specified in the policy. 
You may base the benefit on a specified lump sum or an annuity amount expressed as a percentage of the employee's salary. 
The benefit can be paid in most major convertible currencies.

LIMITATION
A lump sum benefit or choice of annuities benefit must be decided before the policy is issued.
For either lifetime or temporary annuity, the benefit is determined according to the sex and age of insured employee and spouse.
Waiver of Premium (WOP) is not automatically included