Bangalore, India (PressExposure) March 25, 2009 -- ING Life Insurance has a portfolio of 3 life insurance plans for Children. Creating Life Child Protection Plan, Creating Life Child Protection Money Back plan and ING Creating Star Education Guarantee Plan.
ING Life, part of the ING Group, the recently launched these 3 plans for children. These products offer flexibility in terms of Double Protection, Flexibility Payouts, Maturity benefits and Partial Withdrawal benefits.
Creating Life Child Protection Plan ensures that your children's future is secure and prosperous, so they can pursue their dreams no matter what the future brings. At maturity of the plan there is an option of either getting the total payable amount in lump sum or have it staggered in 3 or 5 equal instalments.
Creating Life Child Protection Money Back plan. Under this plan, life insurance cover is provided on the life of parent for a chosen sum assured during the policy term. The plan provides regular payouts of 20% of the sum assured on completion of every 1/5th year of the policy term which ensure the family's income stream and meets the raising expenses for the children.
ING Creating Star Education Guarantee Plan gives the parent the opportunity of fulfilling their children's need for quality education. This offers a systematic and hassle-free way of pre-fund for the child's education programme by paying premiums regularly and securing the child's education fund by protecting future premiums against unfortunate circumstances.
ING Life offers a comprehensive range of products that helps the customer manage their financial future. The products meet the customer's requirement of protection, savings, retirement and long-term investment. ING Life entered the private life insurance industry in India in September 2001. Having established itself as a strong private life insurance player in India and in its eighth year of business operations, ING Life today has a pan India presence.