Zurich International Life has launched an offshore bond, marking the first time the group has entere...
Zurich International Life has launched an offshore bond, marking the first time the group has entered the single premium market. The International Wealth Account (IWA) provides access to 130 portfolios from 22 providers, including groups such as F&C, Fidelity, Merrill Lynch, Gartmore, Artemis, Invesco Perpetual and Jupiter. There are two versions of the bond: a life insurance option or a capital redemption option featuring no life insurance but a guaranteed maturity benefit of invested premiums, minus any withdrawals. Minimum investment is £40,000 initially and then £5,000 for inc...
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