In view of the highly volatile situation in the financial markets, some savers are still hesitating about investing immediately in unit-linked funds. The new version of Aviva Puissance 7 offers a simple but effective short-term interim solution for highly prudent savers allowing them to defer their investment in unit-linked products for their life insurance policies, whilst enjoying a highly attractive rate of return immediately.
In view of the highly volatile situation in the financial markets, some savers are still hesitating about investing immediately in unit-linked funds. The new version of Aviva Puissance 7 offers a simple but effective short-term interim solution for highly prudent savers allowing them to defer their investment in unit-linked products for their life insurance policies, whilst enjoying a highly attractive rate of return immediately.
This offer enables savings to be invested in the offer fund with a guaranteed net annual rate of 7%**, for a maximum period of 6 months (until 24 October 2008). At the end of this period, the entire savings will be switched to unit-linked products, as decided by the customer based on his investor profile and taking into account his objectives and personal situation.
This offer, which is valid until 18 July on Aviva Vie's main life insurance policies***, is mainly aimed at high net worth investors who wish to continue to invest in unit-linked products (shares, bonds or secure vehicles) but prefer an interim solution. The minimum investment is €100,000, reduced exceptionally to €70,000 for all new investments made before 31 May 2008.
This offer is therefore especially suited to high net worth customers, for whom Aviva Vie's Good Advice approach is fundamental. In order to meet the specific requirements of high net worth customers, Aviva Vie has set up a dedicated unit specialising in advice on asset management and optimisation of tax arrangements. This Good Advice approach and the methods adopted are particularly appreciated by these customers as Aviva Vie currently has over 6,500 customers with more than €450,000 invested in their life insurance policy.
Aviva Vie strongly believes in promoting unit-linked funds for life insurance policies: unit-linked funds perform best in the long term.
This offer is part of Aviva Vie's Good Advice policy, which involves guiding and assisting savers in the long term in order to determine the optimum asset allocation based on their situation and objectives.
-ends-
* Offer reserved for new investments made between 16 April and 18 July 2008 for life insurance policies carrying this offer only. It is necessary to take out or hold a policy qualifying for the offer. Offer subject to conditions. The insurer reserves the right to close this offer period without notice before 18 July 2008.
** Before deduction of tax and social security contributions. Rate applying to sums invested between 16 April and 18 July 2008 in the offer fund AP7 October 2008, except in the case of the premature closure of the offer by the insurer. This annual rate applies pro rata to the investment period and up to 24 October 2008 at the latest. All savings invested will be switched free of charge to the Finabeille Short Term fund on 24 October 2008.
*** Sélection International range & Norwich Libre Option 2
Press contacts:
Aviva Vie
David Chenu
Telephone: 01 76 62 67 92
E-mail: david_chenu@aviva.fr
HDL Communication
Alexandra Rigaud
Telephone: 01 58 65 20 15
E-mail: arigaud@hdlcom.com
Notes to editors:
About Aviva
Aviva is the leading provider of life and pensions to Europe with substantial positions in other markets around the world, making it the world's fifth largest insurance group based on gross worldwide premiums at 31 December 2006. Aviva's principal business activities are life insurance and long-term savings, fund management and general insurance, with total sales of €56.7 billion and funds under management of €499 billion at 31 December 2007.
With more than 150 years' experience in France, Aviva is among the top 10 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 3,300 employees. As at 31 December 2007, Aviva France recorded a consolidated turnover of €6.5 billion, a consolidated operating profit of €338 million (based on intrinsic value - EEV/IFRS norms) and managed assets worth €74.2 billion.