ING Vysya Group launches two lifestyle protection plans
ING Vysya Life, part of the ING Group, announced the launch of two lifestyle protection products.
By PTI |
BANGALORE: ING Vysya Life, part of the ING Group, on Thursday announced the launch of two lifestyle protection products, ING term Life and ING Term Life Plus.
Both the products offer flexibility to choose premium- paying terms between 10 years and 30 years, it said in a statement.
"They also have a wide spectrum of entry age, wherein a customer can buy either of the products between the completed age of 18 and 65, and provide cover up to the completed age of 75", it said.
These plans are customisable plans, thereby allowing customers to choose the way they wish to pay premium. They can opt for paying a single premium, or limited premium or regular premium terms, thus allowing them to better plan their protection cover, the company said.
ING Term Life Plus offers to pay-back 40 per cent of the regular premium or 20 per cent of the limited single/premium premiums paid. On maturity, the total premiums are paid, after deducting mid-term benefits.
Both the products are simple to obtain and offer high non-medical limits. Rider options, including accidental death benefits and accidental death, disability and dismemberment benefits are also available on the two plans, it said.
Both the products offer flexibility to choose premium- paying terms between 10 years and 30 years, it said in a statement.
"They also have a wide spectrum of entry age, wherein a customer can buy either of the products between the completed age of 18 and 65, and provide cover up to the completed age of 75", it said.
These plans are customisable plans, thereby allowing customers to choose the way they wish to pay premium. They can opt for paying a single premium, or limited premium or regular premium terms, thus allowing them to better plan their protection cover, the company said.
ING Term Life Plus offers to pay-back 40 per cent of the regular premium or 20 per cent of the limited single/premium premiums paid. On maturity, the total premiums are paid, after deducting mid-term benefits.
Both the products are simple to obtain and offer high non-medical limits. Rider options, including accidental death benefits and accidental death, disability and dismemberment benefits are also available on the two plans, it said.
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