Life insurance cover for investors in Orient Wealth funds

Monday, 19 November 2012 00:00 - - {{hitsCtrl.values.hits}}

Orient Wealth Limited, licensed fund management company to operate Orient Gilt Edged Fund, Orient Corporate Debt Fund and Orient Equity Fund, has introduced Life insurance cover for its investors.

The investors in Orient Retirement Saving Plans and Orient Child Education Plans who save on a regular basis through Systematic Investment Plan scheme (SIP) or one-off investors into the aforementioned plans are entitled to seek Life insurance cover.

At the launch event, investors handed over the applications to save in the plans and opted to take the insurance cover as well.

“The insurance cover works as a protection to the parents when they save for their child’s education and for the retirement financial needs of the dependents,” Orient Wealth Ltd. CEO S. Jeyavarman said.

The investments and the Life insurance combined make it easier to fulfil the objectives of the investors, he further stated.

Orient Wealth Ltd. is a fully owned subsidiary of Orient Capital Limited (OCL), which is a 100% equity financed company with diverse capital market services for individual and corporate clients, with a highly experienced Board of Directors and senior management.

Orient Finance PLC and First Alliance Money Brokers Ltd. also come under the OCL umbrella.