One of the well-known Dutch banking and insurance group ING has sold 26% of the 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 a 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 an 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 freeway.

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 plans at an early stage of life. Exide life child protection plan provides 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 the flow of income in regular interval of time to the child so that the major events of a 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 the right manner. Saving and investment plans are the 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 plans 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 at most affordable premium rates.

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