ING Vysya launches two Lifestyle Protection plans

MUMBAI: Private life insurer, ING Vysya Life, on Monday announced the launch of two lifestyle protection products, ING Term Life and ING Term Life Plus.

Both products offer flexibility to choose premium paying terms between 10 years and 30 years, ING Life said in a press release issued here.

"Both schemes have highly attractive premium rates, thus making it a value proposition for the customers," ING Vysya Life's Director, sales, T K Uthappa said in the statement.

ING Term Life is a unique plan in the market which offers to pay-back 40 per cent of the regular premium or 20 per cent of the limited premiums paid, the company said.

ING Vysya is a part of the global financial services major ING.