Hello ,
I came across one of the products in market which looks attractive from consumer side. I didn’t come across much analysis and debate around it. If I am missing anything or if it has been already discussed please enlighten me.
Product is “Aviva Family Income Builder”.
Guaranteed Income for self: Pay annual premium every year for 12 years and get Double the annual premium every year from 13th to 24th year.
What I read is it’s 6% interest + some tax benefit on your investment. It’ll be great to have inputs on it as a product from experts here. Question is that, is it easily achievable otherwise using other available products in market? Who is the target audience for this product?