The second, single-premium, investment life insurance product from the successful Aviva Royal range has racked up a first coupon of 12.5% for holders.
The second, single-premium, investment life insurance product from the successful Aviva Royal range has racked up a first coupon of 12.5% for holders. As in the case of Aviva Royal I, the price of all the shares in the share basket was up more than 70% on the initial price and consequently the conditions for payment of the coupon were met.
Aviva Royal II, a single-premium, investment life insurance product, is one of the capital-guaranteed investment life insurance products and results from an outstanding joint venture between Aviva životní pojišťovna and Société Générale. This investment life insurance product has been set up on the basis of a time-limited offer and may ultimately earn holders appreciation of up to 75% over its six-year term.
The revenue from the investment life insurance policy is calculated using two different methods, with the method that earns customers the highest rate of appreciation then chosen for the final revenue. The product was designed from the start to provide the maximum response to the current turbulent market conditions and bring returns not only from rising but also from stagnating and slightly falling markets.
This product not only offers customers a guaranteed payout of 100% of the premium invested at the end of the agreed six-year term, but also possible appreciation of up to 75% (ie up to 12.5% a year) of the premium invested over that term.
“The Aviva Royal underlying stocks were selected when the situation on the stock markets was not entirely stable and the main priority was therefore the financial strength and stability of the businesses.
"The fact that the price of all stocks has risen over the period in question and the subsequent payment of the 12.5% coupon confirms that the right choices were made. The current price of the Aviva Royal II investment plan units also reflects a very good position for future coupons,” was the take on the product's successful development put forward by Milan Starý, marketing manager at Aviva životní pojišťovna, a s.
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For more information please contact:
Milan Starý, Marketing Manager, Aviva životní pojišťovna, a s
E-mail: milan.stary@avivazp.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 2009 exceeded £379 billion sterling. The company employs 54,000 people providing services for 53 million clients in 28 countries worldwide.
Aviva plc has been active in the Czech Republic since 1997 via its 100% owned subsidiary company Aviva životní pojišťovna, a s (known as Commercial Union životní pojišťovna, a s until 2002). It specialises in investment life insurance products (Aviva EasyLife, Talisman, Aviva Royal). Aviva regional offices can be found in all regions of the Czech Republic.