Zurich International Vista Savings Plan
The Zurich Vista savings plan has been widely marketed to expatriates over many years.
In our opinion, although this product is better than some of its competitors, it's now been superseded by other, lower cost, higher returning options.
Like London’s black cabs, which are now beaten on price, availability and ease of use by Uber – the now outdated construction of this Zurich savings plan makes it an unattractive option for the international investor who wants to maximise their returns.
Our expert, Chartered advisory team can demonstrate how a number of more cost effective and flexible options should be considered.
Talk to us if you want to find out more – no cost, no obligation, just Chartered financial advice.
Zurich International Vista Savings Plan Key Facts
Vista is an international, unit-linked, life insurance policy.
The policy is designed to be held for the medium to long term, and is subject to minimum premium levels.
Investment Choice – You can select from a range of around 170 funds from the biggest names in global fund management. However they are MIRROR funds, which means additional expense .
Policy Currency - The Zurich Vista Plan can be denominated in USD, GBP, EUR, HKD, SGD, JPY, CHF, AUD.
Policy Term – 5 years to 25 years depending which is selected.
Minimum Premiums – £200 Monthly, £600 Quarterly, £1,200 Half-yearly, £2,400 Yearly (or currency equivalent)
Charges - These will depend on the amount of commission taken by a third party salesman or adviser. See our FAQ for a full breakdown of all fees and charges levied.
Early encashment - A full early encashment results in penalties being applied through surrender charges linked to the term of the policy. In effect, this means that on polices with an original term of more than 15 years most, if not all, of the first 18 months to 2 years of premiums will be lost upon surrender.
Here's an article about the financial impact of these Zurich International Vista early encashment penalties.
Learn more from our deep dive into Zurich International's Vista...