ING Life Insurance has also launched a new Unit Linked Insurance Product christened ING Prospering Life. This ULIP promises to fulfill wealth accumulation and protection needs of its owners.
This new ULIP comes with a host of customer benefits:
•IT includes 5 fund options to choose from
•Automatic Asset allocation
•Unlimited switches with partial withdrawals free of charge.
•The product offers an annualized premium ranging between Rs 48,000 and Rs 96,000
•Competitive priced against other long term investment options
•The sum assured is an amount 10 times the annual premium at inception for those below the age of 45 & 7 times the annual premium at inception for those above the age of 45.
•The minimum top up premium is Rs 5000.
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