ING Vysya Life launches two insurance plans
Private insurance company ING Vysya Life on Thursday announced the launch of two new insurance products, ING Term Life and ING Term Life Plus.
By PTI |
CHANDIGARH: Private insurance company ING Vysya Life on Thursday announced the launch of two new insurance 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. These plans are customizable plans, thereby allowing customers to choose the way they wish to pay premiums, ING Vysya Life, Regional Vice President, Rajiv Panwar told reporters.
They can opt for paying a single premium, or limited premium or regular premium terms, thus allowing them to better plan their protection cover, he further said.
"Term Insurance plans are meant to provide financial security to the customer's family, incase of an untimely death of the policyholder. These are the simplest and most affordable insurance plans," he claimed.
ING Term Life Plus 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 single premium paid, he said.
Both the products offer flexibility to choose premium paying terms between 10 years and 30 years. These plans are customizable plans, thereby allowing customers to choose the way they wish to pay premiums, ING Vysya Life, Regional Vice President, Rajiv Panwar told reporters.
They can opt for paying a single premium, or limited premium or regular premium terms, thus allowing them to better plan their protection cover, he further said.
"Term Insurance plans are meant to provide financial security to the customer's family, incase of an untimely death of the policyholder. These are the simplest and most affordable insurance plans," he claimed.
ING Term Life Plus 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 single premium paid, he said.
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