The Aviva life insurance company has just launched another short term investment and life insurance policy in the successful Aviva Royal series.
The Aviva life insurance company has just launched another short term investment and life insurance policy in the successful Aviva Royal series. The special investment programme Aviva Royal V brings clients two independent methods of calculating final yields, which can reach up to 60% at the end of the insurance period.
This product brings another attractive investment opportunity for clients who are interested in an attractive yield potential but, at the same time, are not willing to be exposed to a high investment risk. The insurance can be concluded only within the period from 17 October until 6 November 2011 through Aviva insurance brokers.
The special Royal V investment programme offers a minimum of 100% of the value of the allocated premium after the expiry of the six-year insurance period. The advantage of this insurance is that the determination of the final appreciation of the underlying assets is based on two independent methods of calculation.
The standard calculation of overall performance of a share portfolio at the end of the insurance period, which enables up to 60% final appreciation, and a complementary calculation method which brings the opportunity to achieve a final appreciation of up to 55.5%, even at falling share prices. The portfolio of 16 shares, on which the calculation of the final appreciation is based, consists of shares of major international companies that are leaders in their fields.
"There has been a steady interest in short term policies on the Czech and European insurance markets, and that is why our company has brought forth yet another in the successful Aviva Royal series of short term insurance policies. Once again, we offer our clients the opportunity to put their funds into an investment program and to obtain up to 60% final appreciation at the end of the insurance period, which is certainly an attractive rate of return” says Jiří Schneller, the managing director of the Czech Aviva life insurance company.
Basic parameters of Aviva Royal V:
- Insurance period from 21 November 2011 to 20 November 2017
- 100% of the value of allocated premium at the expiry of the six-year insurance period
- Potential yield of up to 60%
- Two methods of final yield calculation (the option of an annual increase in the final yield by 9.25% - one evaluation day every year of the insurance period duration; overall performance of the shares portfolio at the end of the insurance period
- Availability of funds during the insurance period (so called lump-sum settlement)
- The client bears no currency risk
- In the event of death, payment of 101% of the capital value of the insurance.
Further information on Aviva Royal V products at www.aviva-royal.cz.
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For more information please contact
Naďa Šeráková
Communication specialist
Aviva životní pojišťovna, as www.aviva-pojistovna.cz
Email: nada.serakova@avivazp.cz
Telephone: +420 737 208 418
Note for editors:
The history of the Aviva company goes back to the 17th century, which is over 300 years. At present, Aviva plc is the sixth largest insurance group in the world*, a leading life insurance and pensions provider in Europe, and the largest insurance company in the UK The company focuses on providing services in the area of life and property insurance and fund management.
The value of assets under management is in excess of £379 billion as of 31 December 2009. 46,000 company employees work for 53 million clients in 28 countries.
The Aviva group started its operations in the Czech Republic in 1997 through the 100% subsidiary Aviva životní pojišťovna, as (until 2002 operating under the name Commercial Union životní pojišťovna, as). The company specializes in investment & life insurance products (Aviva EasyLife, Talisman, Aviva Royal, Aviva Vision). The Aviva company offices are located in all regions of the Czech Republic.