Speaking at the launch function, T K Uthappa, Director- Sales, Tied Agency, ING Vysya Life Insurance said, “ING Term Life and ING Term Life Plus have highly attractive premium rates, thus making it a value proposition for customers. While both are lifestyle protection products, ING Term Life Plus offers return of premiums, paid half-way through the policy term and at the end of the policy term, on maturity.”
Both the products offer flexibility to choose the premium paying tenure between 10 years and 30 years. They also have a wide spectrum of age of entry, wherein a customer can buy either of the products between the completed age of 18 and 65, and provide cover upto the completed age of 75.
Some of the other features of the products are:
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.
Source: Sify Finance
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