13 January 2005, Swindon. Zurich International Life (ZIL) today announced the launch of its newly enhanced, flexible and tax efficient regular savings product -Vista.
Vista now offers a selection of additional features including joint-life first death benefit, critical illness and waiver of premium and replaces all the regular premium saving products in the current Zurich range. This competitive product provides flexible payment terms, a comprehensive fund choice and the option of a managed investment strategy for those investors who prefer to have a more cautious approach to investing.
Benefits include:
- A simple way to save for weddings, education, retirement or general savings under one wrapper
- Premium flexibility - the ability to reduce, stop or restart premiums with no charge.*1
- Introduction of a bronze bonus level, in addition to the silver and gold tiers.
- Automatic Investment Strategy which automatically switches a client's investment to funds with reduced investment risk as the policy nears maturity.
- Initial Contribution Period of 18 months.
- Expense Recoupment charge is 4% the most competitive in the market
- Improved surrender and maturity values throughout the policy term
Mark Goodman, Marketing Director at Zurich International Life, comments: "Zurich remains committed to maintaining its position as a key player in the regular premium savings market. Whether clients are seeking to save for education fees, a wedding or for retirement, Vista provides an highly competitive, and flexible plan with a wide range of protection options."
Zurich Financial Services is an insurance-based financial services provider with a global network that focuses its activities on its key markets in North America and Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. Zurich has offices in more than 50 countries and employs about 62,000 people
For further information, please contact:
Nicola Bryson, Zurich Press Office
Tel : 01793 503354/07734 336281
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Notes to Editors
- *1 for up to three years following the last premium received and at ANY time during the term.
