The Philippine American Life and General Insurance Co. (Philamlife) has launched, on limited offer, a new variant of AIG Winning Edge, a single-pay variable life product that gives investors the opportunity to invest in diversified emerging markets while keeping their investment intact.
This time AIG Winning Edge combines the innovative and much appreciated principal protection feature with higher growth potential and diversity of emerging markets and responds to investor requests for a shorter fixed period of only five years.
AIG Winning Edge enables consumers to participate in the high potential growth of diversified equities in over 20 emerging countries included in EEM (Exchange Traded Index Fund) and S&P BRIC 40 Index which provides access to the growth of 40 leading securities in the emerging markets of Brazil, Russia, India, and China.
According to Philamlife deputy president and chief operating officer Michel Khalaf, “In a fast changing and uncertain environment, we are proud of our ability to be proactive and to come-up with innovative products and services that respond to the needs of the market and that provide our clients with attractive solutions. The recent launch of our Principal Protected variable life product, the AIG Winning Edge, allows investors to participate in the potential gain of emerging markets indices.”
AIG Winning Edge is available with a minimum investment of $5,000 from Aug. 8 to Sept. 9, 2008.
Philamlife is an American International Group (AIG) company, providing its clients the benefits and advantages of both local as well as global fund management expertise. It has been the market leader for over six decades and gives its clients the most comprehensive range of insurance and financial services.
Philamlife is not only the largest life insurance company in the Philippines, more importantly, it is the most trusted and the only financial institution in the Philippines that has consistently received platinum trusted brand awards.
AIG, a world leader in insurance and financial services, operates in over 130 countries and jurisdictions, and has over $1 trillion in assets as of 2007.