One of the well know Dutch banking and insurance group ING has sold 26% of shareholding in Vysya Life insurance and its joint venture partner Exide Industries.
With a claim settlement ratio of 89.36% ING Vysya insurance has a record of solving 99.59% grievances. ING Vysya insurance offers a wide range of comprehensive insurance policies to the customers and provides one stop solution for all the insurance and financial needs. According to one’s own choice the insurance buyers can choose different policies ranging from protection plan, group plan, child plan, investment plans, etc. Further in this article we have discussed some of the key features and benefits offered by the policy.
Types of Policies offered by ING Vysya Life Insurance
1. Exide Life Protection Plan- ING Vysya Life insurance also known as Exide Life insurance offers Exide Life Smart Term Plan. The plan provides financial protection to the family of the insured in case of uncertain demise of the insured person. This is an online term plan that includes very simple eligibility criteria. The insurance buyers can buy this plan online in a simple and hassle free- way.
2. Exide Life Child protection- this is another plan offered by Exide Life Insurance. Securing the child’s financial future is the foremost priority of every individual and the best way to do so is to invest in child plan at early stage of life. Exide life child protection plan provide significant benefits to the children and help them to achieve their future goals even in the absence of the parents.
There are three plans offered under Exide Life Child Protection plan i.e.
· Exide Life Wealth Maxima
· Exide Life Mera Aashirvad
· Exide life New Creating life insurance plan
These plans provide continues flow of income in regular interval of time to the child so that the major events of child’s life can be fulfilled like education, marriage, supporting through job, etc.
3. Exide Life Saving and Investment Plan- In order to achieve your future financial goals it is very important to save and invest in a right manner. Saving and investment plans are best way to ensure that the short term as well as the long term financial goals of your family is taken care of. Exide life insurance offers a wide range of saving cum investment plans through which you can save and multiply your corpus over a long period of time.
Some of the saving and investment plans offered by Exide Life insurance are:-
· Exide Life New Fulfilling Life
· Exide Life Wealth Maxima
· Exide Life Guaranteed Income Insurance plan
· Exide Life Prospering Life Plus
· Exide Life Jeevan Uday
· Exide Life Assured Gain Plus
· Exide Life Secured Income Insurance Plans
· Exide Life Income Advantage Plan
· Exide Life Secured Income Insurance Plan
· Exide Life Start Saver
4. Exide Life Pension Plan- Exide Life Pension Plan offered by ING Vysya life insurance works as a Fine Investment instrument that offers a regular source of income to the insured after he/she retires from employment. Post-retirement the plan offers annuity payout as regular income after the retirement of the insured person.
There are two types of pension plan offered by Exide Life Pension Plan.
· Exide Life Golden Years Retirement Plan
· Exide Life Immediate Annuity with Return of Purchase Price.
ING Vysya Life Insurance offers some of the most beneficial plans in mosr affordable premium rates.
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