Czech Republic: The advent of a policy fit for a king – Aviva Royal I

Aviva, the life insurance company, is responding to the growing demand for guaranteed life insurance policies and on 22 September will be launching a newly developed capital guaranteed investment life insurance product for a single premium.

  • Aviva to expand its product range with a new capital guaranteed life insurance policy

Aviva, the life insurance company, is responding to the growing demand for guaranteed life insurance policies and on 22 September will be launching a newly developed capital guaranteed investment life insurance product for a single premium.

Aviva Royal I is a unique concept, offering policy-holders a product with a guaranteed payout of 100% of the allocated premium at the end of the agreed six-year term. Appreciation over this term can reach 75% of the premium allocated, ie up to 12.5% for each year. There is a limited time period for taking out the policy.

"What makes Aviva Royal I special is that it has a balanced structure, based on two independent methods of calculating the final revenue. The good news for the customer is that the higher of the values established using these two methods of calculation is applied as the final revenue," explains Karel Veselý, commercial director at Aviva životní pojišťovna, as.

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For more information please contact:
Milan Starý, Marketing Manager Aviva životní pojišťovna, a.s
E-mail: milan.stary@avivazp.cz
www.aviva-pojistovna.cz

Note for editors:
The origins of Aviva date back to the end of the 17th century, more than 300 years ago. Aviva plc is currently the fifth biggest insurance group in the world, the foremost life insurance company in Europe and the biggest insurer in Great Britain. The company's core business is the provision of life and property insurance services and fund management.

Assets managed by the company as at 31 December 2006 exceeded £364 billion sterling. The company employs over 59,000, serving 40 million clients in more than 25 countries around the world.

Aviva plc has been active in the Czech Republic since 1997 via its 100% owned subsidiary company Aviva životní pojišťovna, as (known as Commercial Union životní pojišťovna, as until 2002). It is the first and only British life insurance company in the Czech Republic and specialises in investment life insurance products (Aviva EasyLife, Talisman, Aviva benefit). Aviva regional offices may be found in all regions of the Czech Republic.

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