ING Life launches new plan with guaranteed returns
With new plan coming in two variants, ING ACE Pension variant offers customers a guaranteed addition of 8.75 per cent per annum throughout the 10 year term of the policy.
ING ACE Life version offers 7.75 per cent or 7 per cent per annum guaranteed additions, depending on the premium paid.
Under both the plans, customers need to pay premium for only 3 years in an annual mode.
"ING ACE (both variant) offers high guaranteed additions, tax benefits under section 80C, and is available with low commitment from their side, as they need to pay only 3 annual premiums. It is convenient to buy, as it does not require medical check-ups, and has a fairly simple proposal form to be filled," company's Executive Vice President - North Ajay Kapoor told reporters here today.
ING ACE Pension...variant is an attractive product for people in the age above 35 to 60 years, who are looking at building their corpus for post retirement, he said.
In ING ACE Life variant, customers enjoy the convenience to pay only 3 years of premium. On maturity, the customer receives his entire maturity sum assured, along with the guaranteed additions.
In case of an untimely death of the policyholder, the policy offers a guaranteed death benefit of 5 times the annual प्रीमियम,
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