In view of the current situation in the financial markets and the heavy fluctuations in the CAC 40, savers should opt for long-term investments and invest gradually to even out the ups and downs in the stock market.
- Aviva announces new free options for managing life insurance policies
In view of the current situation in the financial markets and the heavy fluctuations in the CAC 40, savers should opt for long-term investments and invest gradually to even out the ups and downs in the stock market. Therefore, Aviva is launching three new free financial options for managing insurance policies with total freedom.
Convinced that gradual investment in unit-linked products is one of the best ways of investing in the financial markets, Aviva is offering three new financial options to all customers of Aviva Vie who hold policies from the Sélectivaleurs, NLC and NLO ranges.
From 3 September 2007, they will be able to benefit free of charge from the following options for managing their policies:
- The Progressive Investment Plan (PIP): having invested in a prudent fund (such as a euro fund), customers of Aviva Vie will be able to make monthly switches to one or more dynamic financial funds from the range of funds of Aviva Gestion d'Actifs.
- The Scheduled Switch Plan (PAP), which enables monthly switches of all or part of the savings invested in a financial fund to one or more other funds in the range.
- The Scheduled Buy-Back Plan (PRP), which, pro rata to the various financial funds involved, enables customers who so wish to continue to invest in unit-linked products whilst carrying out scheduled switches. The client no longer has to restrict scheduled buy-backs to euro funds.
These offers are part of Aviva Vie's Good Advice approach, which has been adopted by the networks for several years now. Aviva Vie remains true to its convictions, recommending the choice of unit-linked products when setting up life insurance portfolios and providing the customer with close guidance in the long term.
As part of this guidance, Aviva has introduced the List of Customer Requirements and Needs, since 1 May 2007. This document, which is required whenever a life insurance policy is taken out, will enable the saver to choose the asset allocation that suits him or her best.
This procedure involves helping all customers to determine the best asset allocation based on their situation and to ensure that the beneficiary clause, a fundamental aspect of life insurance, is correctly defined. This systematic twofold analysis ensures that the customer is offered an asset allocation appropriate to his or her objectives and investor profile.
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Press Contacts:
Aviva Vie
David Chenu
Telephone: 01 76 62 67 92
E-mail: david_chenu@aviva.fr
HDL Communication
Valérie Dudoit
Telephone: 01 58 65 01 16
E-mail: vdudoit@hdlcom.com
Notes to editors:
About Aviva
Aviva is the top life and pensions insurer in Europe and occupies a strong position in other markets throughout the world. Aviva is involved in three main areas, life assurance and long-term savings, fund management and general insurance. As at 31 December 2006, Aviva achieved a turnover of €61.9 billion and its assets under management amounted to €543 billion, making it the 5th largest insurer worldwide based on gross premiums.
With more than 150 years' experience in France, Aviva is among the top ten players in the insurance market. Aviva France is distinguished by a balanced multidistribution model which has proved itself: 875 general agents, 1,800 agency staff, 400 life advisers, more than 1,000 brokers, partners (Union Financière de France and Médéric). Aviva France's partners also include AFER, the leading association of savers in France, and the Crédit du Nord Group. Specialising in unit-linked products, Aviva is well-known for the performance of its long-term funds and its strong commitment to its customers through its Good advice approach. Aviva has more than 3,200 employees. As at 31 December 2006, Aviva France recorded a consolidated turnover of €6.4 billion, a consolidated operating profit of €689 million (based on intrinsic value - EEV/IFRS norms) and managed assets worth €72.9 billion.