National insurance online

ING Vysya Life Insurance of the ING Group bes after to spread out in the North and cardinal parts of the state as portion of its programs for growth.

At present, ING Vysya Life have a web of 308 subdivisions across 246 cities. It have a strong presence in South Republic Of India with 164 subdivisions spreading across Tamil Nadu, Mysore and Andhra Pradesh. The remaining subdivisions are located in northern and western India.

"We are looking at aggressive enlargement in North and cardinal parts of the state to tap business," said ING Vysya Life Insurance Director (Sales) Deoxythymidine Monophosphate Kelvin Uthappa said on Thursday.

The company also bes after to spread out its adviser alkali from the present 50,000 to 100,000 by year-end.

The company launched a unit-linked merchandise — ING Bonded Growth Plan — offering 5 per cent tax return on insurance premium invested with an top potentiality of investment in equity markets.

"As portion of the investing strategy, under the Bonded Growth Fund, 40 per cent of the available finances would be invested in equity and balance in debt securities," Uthappa added.

ING Bonded Growth Plan offerings a pick of policy term. Customers can take either 10 old age or 15 old age term.

It offers a insurance insurance insurance premium paying pick between single premium and a limited premium paying term of 2 old age or 3 years.

On adulthood of the policy, the higher of monetary fund value or bonded benefit will be paid.

"In lawsuit of death, the sum of money assured or bonded benefit or the monetary fund value, whichever is higher volition be paid," Uthappa said.

The policy also lets for two partial backdowns on completion of five policy old age during policy term.