Zurich International Life Limited launches simplified investment plan for UAE market

Wednesday 26 July 2017

Dubai - MENA Herald: Zurich International Life Limited announced today the launch of Simple Wealth, a new simplified investment plan that provides an easy way for consumers in the United Arab Emirates to manage and grow their wealth.

The unit-linked investment plan, which has been designed to cater for the growing demand for simplified investment products in the UAE, highlights Zurich – Middle East’s commitment to promoting and supporting savings and investments among new and existing customers in the Emirates.

Simple Wealth is a single premium product that requires a minimum investment of USD15,000 with the option to make additional payments at any time from USD1,500.

This investment plan caters for customers looking for a simple and smart way of investing within a range of funds aligned to how they feel about investment risk. It is essential that investment funds provide customers with the investment journey that they expect - whether that's to preserve it or accumulate wealth.

The five Zurich managed funds are invested across asset classes, market sectors and geographies and are structured to suit five investor profiles – they are the Zurich managed funds: Defensive, Cautious, Blue Chip (Balanced), Performance and Adventurous.

A simple choice of investment options is key for today’s customers. With inherently complex financial markets and increased investment opportunities there is a sense that most investors are facing an uphill climb when trying to determine how to best invest.

Simple Wealth is an investment plan that meets customers’ needs to have a straight forward and clear way of connecting the reason they start to invest with the achievement of their financial goals.

Commenting on the launch of Simple Wealth, Colum O’Brien, Head of Retail at Zurich – Middle East, said: "We are delighted to announce the launch of Simple Wealth, which has been carefully designed to cater for the growing demand for simplified investment products in the UAE market. Our own experience over the last ten years in savings and investment products is that customers take comfort from the Zurich managed funds focus on risk management and the funds proven ability to build wealth over the long term. In fact through some product lines we see as many as two out of every three customers choosing Zurich managed funds.’

“By introducing a new simplified investment plan to the UAE market Zurich - Middle East will continue to assist customers reach their financial goals over their lifetime.”

The key features and benefits of Simple Wealth include:

Start investing with a single premium of USD15,000
Make additional contributions at your own pace (minimum USD1,500 monthly)
Free enhanced death benefit for up to 15 years
Choice of diversified, actively managed and cost-effective selection of Zurich-managed funds
100% of your premiums are invested
Access to your investment value from day one
No fixed term – whole of life policy

For the terms and conditions of Simple Wealth, please refer to the respective offering documents.

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