A new UK investment opportunity for cautious people who want to be saving money is available from Zurich.

Zurich Guaranteed Account 8 is a new tranche of Zurich's latest Guaranteed Account and is a tax-efficient savings vehicle.

Investors wanting to utilise their 2005/06 mini-cash ISA allowance would benefit from the £3,000 that can be invested for tax-free interest .

Investors receive gross interest of 100 per cent of any increase in the FTSE 100 Index over six years. Should the FTSE fall by up to 50 per cent, the savings account guarantees interest on any decrease.

The original investment remains guaranteed, making this a perfect UK investment opportunity for those worried about a volatile stock market .

This product is available until July 25th, but investors who take up this investment opportunity before July 1st receive an additional 0.33 per cent interest.

According to investment management director Paul Wright, this UK investment opportunity, available through all intermediaries, is a win-win situation for investors.

Zurich Financial Services is an insurance-based financial services provider with a global network that focuses its activities on its key markets in North America and Europe.

The life insurance division of Zurich covers life pensions, mortgages and protection and investments through their Zurich, Eagle Star, Allied Dunbar and Sterling brands.

The general insurance division of Zurich covers home, car, travel and boat insurance as well as insurance and risk management services for business and the public sector through both the Zurich and Eagle Star brands.