ING Vysya Life Insurance Company Ltd.
ING Vysya Life Insurance Company Limited is part of the ING Group. It entered the private life insurance industry in India in September 2001. It is headquartered at Bangalore.
At present, ING Vysya Life operates in over 232 cities in India, using a network of around 300 branches, around 400 sales teams, over 7000 employees and about 60000 advisors, serving almost seven lakh customers.
ING Vysya Life Insurance offers the whole package of insurance products that include protection, savings, investment, and retirement plans. The ING Vysya Life website offers all product details that can be easily downloaded as pdf files. These include brochures, product illustrations, proposal forms, and policy holder documents.
6 Insurance product available
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- Provides life insurance covers for specified periods
- Policy holder receives tax-free, fixed proportions of the sum assured at regular intervals or an option to re-invest
- Policy holder receives lump sum payment on surviving maturity date
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Protection tool with savings optionSum assured plus bonus accrued paid in the event of death of the insured or at maturity With-profits plan that participates in the profits of insurer's life insurance business |
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Protection tool with an investment option attachedPolicy holder can choose from funds such as equity, debt, bonds, or a combinationInsurers offer partial withdrawals options |
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- Pure risk cover plan with no survival benefit
- Protection tool against the uncertainties of life
- Cheapest life insurance product
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- Provides for stable income in post-work life
- Helps policy holder to remain financially independent post-retirement
- Tool for systematic retirement planning
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- Tool to plan for children's needs in the future - education, wedding etc.
- Tool to ensure children's future plans are not compromised in the event of parent/guardian's death
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