Zurich International Life has launched a new simplified investment plan for United Arab Emirates marketplace.
Simple Wealth, is a unit-linked investment plan, designed to cater for what Zurich Middle East says is a “growing demand” for simplified investment products in the UAE.
It is available as a single premium product with a minimum investment of US$15,000 with the option to make additional payments at any time from US$1,500.
The product invests via a selection of five Zurich managed funds and aligned to clients’ investment risk profile.
The five Zurich managed funds are invested across asset classes, market sectors and geographies and are structured to suit five investor profiles: Defensive, Cautious, Blue Chip (Balanced), Performance and Adventurous.
The Simple Wealth product also includes free enhanced death benefit for up to 15 years and is designed as a whole of life policy.