AHMEDABAD: The Dutch banking and insurance group ING Vysya on Wednesday said it has launched a new unit linked saving plan 'ING Prime Life',
offering returns on fund allocation charges.
"Keeping in view the demand of customers in today's scenario we have launched this new plan that offers returns up to 200 per cent on fund allocation charges," ING Life Insurance Chief Distribution Officer Rahul Aggarwal told reporters.
"For a 15 year policy term, 125 per cent of the initial allocation charges are returned, where as for a 20 year term, 200 per cent of fund allocation is returned," Aggarwal said adding, "The plan offers five per cent increase on the base sum assured every year."
ING Life Insurance has a paid up capital of Rs 1019.2 crore, and pan-India presence in 234 cities, with 367 sales teams.
"Keeping in view the demand of customers in today's scenario we have launched this new plan that offers returns up to 200 per cent on fund allocation charges," ING Life Insurance Chief Distribution Officer Rahul Aggarwal told reporters.
"For a 15 year policy term, 125 per cent of the initial allocation charges are returned, where as for a 20 year term, 200 per cent of fund allocation is returned," Aggarwal said adding, "The plan offers five per cent increase on the base sum assured every year."
ING Life Insurance has a paid up capital of Rs 1019.2 crore, and pan-India presence in 234 cities, with 367 sales teams.
Source:Economictimes
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