Zurich International Life, a life insurer in the Middle East, has launched Protected Equity plus life insurance plan (PEP) product, a single-premium, investment-linked, insurance plan with a guaranteed return, in the region.
PEP offers access to geographically focused equity markets, with free quarterly switching and the ability to make withdrawals. The guarantee of the plan will be applicable on the 10th anniversary of the investment. Any withdrawals made will reduce the guaranteed amount at the end of the 10 year term.
Zurich International Life Middle East CEO Mark Hartigan said that PEP with its unique mix of investment protection and potential growth, provides both peace of mind and value for money to investors here in the Middle East.