Ing Vyasya

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Company Profile
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ING Vysya Life Insurance Plans
Click on the individual plans to read the Product Details.

Term Insurance Plans
Unit Linked Insurance Plans - ULIPs
ING Term Life Plus Plan
ING Market Shield Plan
ING My Term Insurance Plan - New
ING Uttam Jeevan Plan - Single Premium

ING Uttam Jeevan Plan
Compare Term Plans
ING Prospering Life Plan - Single Premium
Endowment Plans
ING Secured Income Insurance Plan
ING Secured Income Insurance Plus Plan
ING Reassuring Life Endowment Plan
ING Safal Jeevan Endowment Plan
ING Prospering Life Plan - Regular Premium

Compare ULIPs
Pension Plan
ING Life Golden Years Plan
ING Powering Life Plan

ING STAR Life Plan
Compare Endowment Plans
Child Plans
ING Life Aashirvad Plan
ING Life Creating Star Guaranteed Future Plan
ING Creating Life Child Protection Plan
ING Creating Life Money Back Plan
Compare Child Plans
Annuity Plan
ING Life Immediate Annuity Plan
Whole Life Plan
ING New Fulfilling Life Plan
Money Back Plan

ING New Fulfilling Life Plan
About ING Vysya Life Insurance Company

ING Vysya Life Insurance Company is a joint venture between ING Insurance International B.V. (26%), Exide
Industries (50%) and other share holders like Ambuja Cements Limited and Enam Group, together holding a total
of 24%. The company started operations in India in September 2001.
ING (International Netherlands Group), is a Amsterdam based financial services company offering its services in
more than 40 countries around the world. It is among the largest financial institutions in the world. There are loads of
joint ventures under the brand name of ING serving millions of customers across the globe. Exide, is a well know
band in India when it comes to batteries. The company manufactures a wide range of batteries to serve the needs of
automobiles to industrial units. The name Exide is still synonymous with batteries in India and has a large number of
factories spread across the length and breadth of the country.
ING Life Insurance Company currently has more than 6,000 employees serving over 10,00,000 customer in over
230 locations across India. The company currently distributes its products through an Alternate Channel and the TIED
agency force of more than 60,000 ING advisors.
Leadership
Kshitij Jain is the Managing Director & Chief Executive Officer of ING Life Insurance Company.
Contact Points
Corporate Office
'ING Vysya House', 5th Floor
22, M.G. Road
Bangalore 560001
Phone : 91-80-25328000
Fax : 91-80-25559764
National Operations Office
No 690, 1st floor,
Gold Hill Square, Begur Hobli,
Hosur Road. Bangalore 560068
Phone : 91-80-41345134
Fax : 080-41100707
Phone / Fax
Toll free No: 1-800-419-8228
Mobile No: +91-9880888228
Landline No: 080-41345444
Fax : 080-41100700
SMS
SMS "ING" to 5676770
Website
www.inglife.co.in
Get the best life insurance plan by comparing between different life insurance companies.
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Term Life Plus Plan of ING Vyasa Life Insurance is a Term Plan with return of premiums. It just means that if the life
insured dies within the policy tenure, the nominee would get the Sum Assured as Death Benefit, and if he survives till
the half the term, he would get 40% of regular premiums paid till date or 20% of single premium paid and at the end
of the term, then he would get the remaining of the total premiums paid as Maturity Benefit. Hence this is a variant of
pure term plans where there is maturity benefit as well.
Key Features of ING Term Life Plus Plan
This is a Term Plan with Return of Premiums on maturity and Sum Assured on death.
There is Mid Term benefit available, which is not available in any other similar policies in the
industry.
Additional rider benefits of Accidental Death and Accidental Death, Disability and Dismemberment
benefit.
Single and limited premium payment options available.
Benefits you get from ING Term Life Plus Plan

Death Benefit In case of death of the policy holder, the nominee would get the sum assured under the plan
Maturity Benefit It is paid in 2 instalments:
40% of the premiums are returned as Mid-Term Benefit for Regular Payment policies and 20% for Single or
Limited Payment policies.
The remaining of the premiums are paid on maturity.
Income Tax Benefit - Life Insurance premiums paid up to Rs.1,00,000 are allowed as a deduction from the taxable
income each year under section 80C
Eligibility conditions and other restrictions in ING Term Life Plus Plan
Minimum
Maximum
Sum Assured (in Rs.)
5,00,000
No Limit
Policy Term (in years)
10
30
1, 3, 5
Equal to policy term
18
65
75
NA
NA
Premium Payment Term (in years)

Entry Age of Policyholder
Age at Maturity
Single premium (in Rs.)
Payment modes
Yearly, Half-yearly, Quarterly, Monthly and Single
Sample illustration of premium amount in ING Term Life Plus Plan

The below illustration is for a healthy Male (non-tobacco user) opting for a Sum Assured = Rs. 50 lakhs and Policy
Term = 25 years
Additional Features and Benefits of ING Term Life Plus Plan

Riders There are 2 riders in this policy
Accidental Death Benefit rider
Accidental Death, Disability and Dismemberment Benefit rider
What happens if?

You stop paying the premium - If at least three full years premiums have been paid in case of Regular Premium
and two full years premiums in case of Limited Premium and then you stop paying premiums the Policy shall acquire
a paid up value. The benefit is paid on death of the Life Assured during the Policy Term or on Life Assured surviving
to the Policy Maturity Date. The policy can however be revived within 2 years from the first unpaid premium.
You want to surrender the policy Surrender benefits are available after completion of 3 years of the policy. There
are limits of how much surrender benefit would be payable to whom.
Regular Premium: 40% of the premiums paid by the Policyholder.
Limited Premium [5 year Premium Payment Term]: 50% of the premiums paid by the Policyholder.
Limited Premium [3 year Premium Payment Term]: 60% of the premiums paid by the Policyholder
Single Premium: 70% of the premiums paid by the Policyholder.
You want a loan against your policy Loan facility is not available under this policy.
Alternate Return of Premium Term Plans from different insurance companies
IDBI Federal Termsurance Protection Plan -TROP

Birla Sun Life Premium back Plan
MetLife Met Suraksha TROP
SBI Life Swadhan
Other term insurance plans from ING Vyasa Life Insurance
ING Vyasa Term Life Plan
Compare term insurance plans to find the most affordable policy for yourself and your family.
~ By Deepak Yohannan
Note: This is a statement of facts based on the information collected from the ING Term Life Plus Plan
brochure and insurance company's website. It should not be construed as a Critical or Favourable ING
Term Life Plus Plan Review, Analysis or Recommendation.
Insurance is a subject matter of the solicitation.
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ING My Term Insurance Plan

ING My Term Insurance Plan is a pure Term Insurance Plan.
How it works In this plan, premium can be paid till the end of the Policy Tenure under Regular Premium or for a
Limited Term as well. The policy however continues till the end of the Policy Tenure.
There are 2 options for choosing Death Benefit in this plan:
1. Option A: where regular Sum Assured would be paid as Death Benefit

2. Option B: where Family Income Benefit Option is opted such that a chosen percentage of life cover amount
would be paid as lump sum and 10% extra life cover is added to the balance and is paid to your family over
60 months as monthly income
This plan comes with an in-built benefit of Terminal Illness Benefit where 25% of the Sum Assured is paid on
diagnosis of any of the Terminal Illness and the future premiums are paid by the company so as to continue the plan
as per schedule. Being a pure protection plan, there is no Survival or Maturity Benefit in this plan.
There are 3 additional riders available in this plan, Critical Illness Rider, Accidental Death Benefit Rider and
Accidental Death Disability and Dismemberment rider
Key Features of ING My Term Insurance Policy
This is a simple Term Plan with loads of additional benefits
There is Family Income Benefit Option in this plan under Option B where the life cover is provided to the
family, part in lump sum and part as income over 60 months
Under Family Income Benefit option, a chosen percentage of life cover amount would be paid as lump sum
and 10% extra life cover is added to the balance and is paid to your family over 60 months as monthly
income
There is Terminal Illness Benefit in this plan, where in case of a terminal illness being diagnosed, 25% of the
lump sum life cover would be paid immediately and the future premiums are paid by the company and the
policy continues as per schedule
There are 3 additional riders available in this plan, Critical Illness Rider, Accidental Death Benefit Rider and
Accidental Death Disability and Dismemberment rider
There is preferential rates for being a non-smoker
There is a Large Sum Assured discount in this plan as well as premium discount for female lives
Benefits you get from ING My Term Insurance Policy

Death Benefit In case of death of the Life Insured within the Policy Tenure, the nominee gets :
Under Option A, the entire Sum Assured as Death Benefit and the policy terminates
Under Option B, there are 4 options available for choosing Family Income Benefit. A chosen percentage of
Sum Assured is paid immediately as Lump Sum Benefit and the policy continues. 110% of the Remaining
Amount is paid in equal installments over the next 60 months to the family as Family Income Benefit
Option
Lump Sum Benefit
Remaining
Family Income Benefit
80%
20%
110% of 20% of Base Sum Assured) / 60
II
50%
50%
III
40%
60%
IV
30%
70%
Maturity Benefit Being a pure protection plan, there is no Maturity Benefit in this plan.
Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable
income each year under section 80C and the Maturity Proceeds are tax free under section 10(10)D subject to
fulfilment of terms and conditions.
Eligibility conditions & other restrictions in ING My Term Insurance Policy
Minimum
25 Lacs
(For preferred Life, 50 Lacs)
Maximum
25 Crores
10
35
Limited Pay (5, 7 , 10 years)
Equal to Policy Term
Entry Age of Life Insured (in years)

Age at Maturity (in years)
Payment modes
18
65
75
Annual, Semi-Annual, Quarterly and Monthly
Sample illustration of premium of ING My Term Insurance Plan
The below illustration is for a 30, 40 and 50 year old male (Non Smoker) opting for a Sum Assured of Rs.1 crore for a
Policy Tenure of 30 years
Additional Features and Benefits of ING My Term Insurance Plan

Riders There are 3 additional riders available in this plan:
1. Critical Illness Rider- with limited and regular payment options

2. Accidental Death Benefit Rider and
3. Accidental Death Disability and Dismemberment rider
What happens if?

You stop paying the premium - If the policy holder stops paying the premium, the policy lapses and all benefits
cease to exist. The policy can however be reinstated. If at least 3 years premiums have been paid under Limited
Premium Paying Option, then the policy gets converted to Reduced Paid Up Value and the policy continues with
reduced coverage. This option is not available for Regular Premium Paying Option.
You want to surrender the policy There are Surrender Benefits for Limited Premium Paying Option only after all
due premiums have been paid.
Surrender Value = Total premiums paid (excluding service tax and extra premiums if any) * 70% * (Number of
remaining complete years of cover / Policy Term in years).
You want a loan against your policy Loan facility is not available in this plan.
Unit Linked Insurance Plans - ULIPs

ING Market Shield Plan
ING Uttam Jeevan Plan - Single Premium
ING Prospering Life Plan - Single Premium
ING Prospering Life Plan - Regular Premium
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ING Life Market Shield Insurance Plan

This is a unit-linked insurance plan (ULIP) where your premiums are invested in both equity and debt instruments.
Hence this plan offers the upside of market investment but comes with the risk of market swings which may go up or
down.
Key Features of ING Market Shield Plan
Highest NAV is guaranteed throughout the policy term and not just at maturity
Limited Premium paying term available
Benefits you get from ING Market Shield Plan

Death Benefit In case of death of the policy holder, the nominee gets the higher of Sum Assured or Special Fund
Value. Death benefit shall never be less than 105% of total premiums paid to date less any previous partial
withdrawals.
Maturity Benefit - If the policy holder survives the policy term, then he gets the Special Fund Value.
The Special Fund Value is achieved by calculating the higher of
Daily NAV
Guaranteed Highest NAV, called G-NAV
income each year under section 80C. The maturity amounts you receive from this plan are exempt from tax under
section 10(10D) provided the Sum Assured is at least 5 times the premium paid at all times.
Eligibility conditions and other restrictions in ING Market Shield Plan
Minimum
Maximum
10 X AP
20 X AP
15 yrs
20 yrs
5 yrs
Lock-in period
5 years
8 yrs
55 yrs
Age at Maturity
23 yrs
70 yrs
For 5 yrs limited pay, Rs

Regular premium
48,000
No Limit
And Rs 36,000 otherwise

Single premium
Not Allowed
Payment modes
Only Annual
Top-up premium
Rs 5,000
Rs 8 lakhs
Sample Illustration of Returns at the end of the policy term in ING Market Shield
Annual Premium
= Rs.48,000
Policy Term
= 15 years
Total Investment
= Rs. 48,000 X 15 years= Rs. 7,20,000
Expected returns based on 6% and 10% ROI
Additional Features and Benefits of ING Market Shield Plan

Riders No riders are available with this plan
Investment Fund Options
Under this plan the policy holder does not get any fund options as only 1 investment fund available
Guaranteed NAV Fund
Top-up - Every Top-up premium shall have an Additional Sum Assured which will be 1.25 times of the Top-up
premium paid. This Additional Sum Assured on Top-up will be in addition to the Basic Sum Assured. Top-ups will not
be allowed during the last 5 years of the Policy Term.

Switching - Not applicable as only 1 fund available.
Partial Withdrawal - You are allowed to make partial withdrawals in this policy after 5 complete policy years or after
the Life Insured is at least 18 years old, whichever is later.
The minimum amount of partial withdrawal should be Rs. 2,000 and maximum amount equal to 25% of balance in the
Special Fund Value, subject to Special Fund Value after each such withdrawal not being less than 1.5 times the one
full years annual regular/limited premium.
Unlimited number of partial withdrawals can be availed during the Policy Term.
What happens if?

You stop paying the premium before 5 years - If the policy holder stops paying the premium, the insurance cover
will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund.
The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this
will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the
accumulated fund value will be payable to the nominee.
You stop paying the premium after 5 years - If the policy holder stops paying the premium after 5 years, then the
accumulated policy fund amount till the date of discontinuance shall be paid to the policy holder and the policy will
terminate immediately.
You want to surrender the policy If the policy holder wants to surrender the policy before completing 5 years,
then the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the
Discontinued Policy Fund. The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a.
and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured
during this period, only the accumulated fund value will be payable to the nominee. If the policyholder surrenders the
policy after completion of 5 policy years, then the insurance cover will cease and your fund value shall be paid
immediately and the policy would be terminated.
You want a loan against your policy Loans are not allowed in this plan.
ING Uttam Jeevan SP
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ING Life Uttam Jeevan Single Premium Plan

This is a single premium unit-linked insurance policy (ULIP). Here, the premium amount is invested in the markets
(debt, equity and cash market instruments). The value of investments may go up or down and hence the risk in
ULIPS is borne by the policy holder and not by the insurance company.
Key Features of ING Uttam Jeevan SP Plan
This is a single premium unit-linked insurance policy.
There is an Enhanced Protection Benefit available with this product whereby the Initial Sum
Assured increases by 5% every year from 2nd policy year onwards till the end of the policy term.
This plan may not require medical check ups.
It has a in-built Accidental Death Coverage available.
Benefits you get from ING Uttam Jeevan SP Plan

Death Benefit In case of the unfortunate event of death of the life assured during the policy term, the sum assured
will be paid to the nominee. The death benefit will be at least 1.05 times of the single premium paid including Top-up
premiums (if any).
Maturity Benefit - If the policy holder survives the policy term, then he gets the Fund Value as on the date of
maturity. Fund Value at maturity refers to the number of unit price at maturity times the number of units at maturity.
income each year under section 80C. The maturity amounts you receive from this plan are exempt from tax under
section 10(10D) provided the Sum Assured is at least 5 times the premium paid at all times.
Eligibility conditions and other restrictions in ING Uttam Jeevan SP Plan
Minimum
Maximum
1.25 X Single Premium
5 X Single Premium
10 years
Single
Lock-in period
5 years
8 years
45 years
Age at Maturity
18 years
55 years
Regular premium
Not Available
Single premium
Rs 48,000
Payment modes
Rs 4,00,000
Single
Top-up premium
Rs 2000
25% of Single Premium

paid
Sample Illustration of Returns at the end of the policy term in ING Uttam Jeevan SP
Annual Premium
= Rs.48,000
Policy Term
= 10 years
Premium payment mode = Single

Total Investment
= Rs.48,000 X 1 year = Rs.48,000
Additional Features and Benefits of ING Uttam Jeevan SP Plan

Type of Rider
Available with Policy
Accidental death benefit
Yes
Permanent/Accidental disability benefit
No
Waiver of premium benefit
No
Critical illness (or dread diseases) benefit
No
Increased death benefit / Term rider
No
Hospital cash benefit
No
Life Guardian benefit
No

Under this plan the policy holder gets the option of 2 investment funds. They are
ING Preserver
ING Prime Equity
Top-up - You can invest additional premiums as top-up premiums anytime except in the last five policy years. The
minimum top-up premium is Rs. 2,000 and the maximum is 25% of Single Premium paid during the policy
term. Every Top-up premium shall have an Additional Sum Assured which will be 1.25 times of the Top-up premium
paid. This Additional Sum Assured will be in addition to the life cover.
Switching - You are allowed to move from one fund to another by switching the same. There are 4 free switches
available each year.
Partial Withdrawal - Only one Partial Withdrawal can be availed during a Policy Year and overall five Partial
Withdrawals during the entire Policy Term. You are allowed to make partial withdrawals in this policy after 5 complete
policy
years
or
after
the
Life
Insured
is
at
least
18
years
old,
whichever
is
later.
The minimum amount of partial withdrawal should be Rs. 2,000. The maximum partial withdrawal is 10% of the Fund
Value prevailing at that time subject to fund value after each such withdrawal not being less than 20% of the single
premium.
What happens if?

You want to surrender the policy during the initial 5 years from the policy commencement then the surrender
benefits shall be payable to the policyholder only after completion of 5 full Policy Years. However, such surrender
benefits along with the earned interest shall be paid to the Policyholder on completion of 5 full policy years and the
policy terminates. On Discontinuance or Surrender after 5 years, the Fund Value is paid immediately and the policy is
terminated.
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ING Uttam Jeevan Plan is a Regular Premium Unit Linked Insurance Plan. It is a Non-Traditional Insurance Plan
from ING Life Insurance Company.
How it works In this plan, premium needs to be paid for the entire policy tenure of 20 years. In this plan, there is
an Enhanced Protection Benefit available with this product where the Initial Sum Assured increases by 5% every year
from 2nd policy year onwards till the end of the policy term.
Thus, in this plan, the Life Coverage provided is initial Sum Assured + Enhanced Protection Benefit + Fund Value.
Thus, if the Life Insured dies within the policy tenure, initial Sum Assured + Enhanced Protection Benefit + Fund
Value would be paid to the nominee as Death Benefit and the policy terminates.
However, on survival till the end of the policy tenure, the Fund Value would be paid to the Policyholder as Maturity
Benefit and the policy terminates. There is also an additional Accidental Death Benefit rider in this plan.
Key Features of ING Uttam Jeevan Insurance Plan
It is a Regular Premium Unit Linked Insurance Plan
There is Enhanced Protection Benefit available with this product where the Initial Sum Assured increases by
5% every year from 2nd policy year onwards till the end of the policy term
This plan can be taken by filling a short medical questionnaire without medicals
There is double death benefit in this plan of the initial Sum Assured + Enhanced Protection Benefit + Fund
Value
The Fund Value is paid to the policyholder on policy maturity
In this plan, there is an additional Accidental Death Coverage available
Benefits you get from ING Uttam Jeevan Insurance Policy

Death Benefit In case of death of the Life Insured within the Policy Tenure, the nominee gets the initial Sum
Assured + Enhanced Protection Benefit + Fund Value, subject to 105% of total premiums paid to date (excluding any
applicable rider premium and/or underwriting extras) less any previous partial withdrawals as Death Benefit and the
policy terminates.
Maturity Benefit When the policy matures, the Fund Value is paid to the policyholder as Maturity Benefit and the
policy terminates.
income each year under section 80C and the Maturity proceeds are tax free under section 10(10)D subject to
fulfilment of terms and conditions
Eligibility conditions & other restrictions in ING Uttam Jeevan Policy
Minimum
Maximum
10 X Annualized Premium
20
20
45
28
65
Annual Premium (in Rs.)
18000
36000
Payment modes
Only Annual
Sample Illustration of returns of ING Uttam Jeevan Plan

The below illustration is for a healthy Male (non-tobacco user) opting for a
Annual Premium = Rs 24000
Policy Term= 20 years
Additional Features and Benefits of ING Uttam Jeevan Plan

Riders There is 1 Additional Rider in this plan:
1. Accidental Death Benefit Rider
Investment Fund Options - In this plan, there are 2 funds available in this plan:
1. ING Preserver
2. ING Prime Equity
Top-up Premium can be paid anytime except in the last five policy years. The minimum top-up premium is Rs.
2,000 and the maximum is 25% of Total Premium paid during the policy term. Every Top-up premium shall have an
Additional Sum Assured which will be 1.25 times of the Top-up premium paid. This Additional Sum Assured will be in
addition to the life cover.
Switching - There is unlimited switches available in this plan. The first 4 switches in this plan are offered free of cost.
Any additional switch within that policy year will be charged Rs.200 per switch.
Partial Withdrawal - In this policy, partial withdrawal is allowed after 5 complete policy years or after the Life Insured
sis at least 18 years old, whichever is later. The minimum amount of partial withdrawal should be Rs. 2,000 subject to
a maximum of 10% of the Fund Value prevailing at that time subject to Fund Value after each such withdrawal not
being less than 1.5 times the one full years annualized regular premium. Only one Partial Withdrawal can be availed
during a Policy Year and overall five Partial Withdrawals during the entire Policy Term.
Charges in ING Uttam Jeevan Plan

Premium Allocation Charge This charge is deducted from the Premium Paid by you
Policy Year
Premium Allocation Charge
1st
9%
2nd
3%
3rd onwards
NIL
Top Up Premium
2%
Policy Administration Charge This is the charge for the administrative working of the policy and is deducted by
cancellation of units on a monthly basis.
Policy Year
Policy Administration Charge
Year 2 to Year 10
0.50% per month
11th Year onwards
0.40% per month
Fund Management Charge This charge is deducted by adjusting the NAV of the units on a daily basis.
Type
Charge
ING Preserver
1.00%
ING Prime Equity
1.35%
Discontinuation Charge This charge is for discontinuing the plan before the end of the Policy Tenure.
Year of Discontinuation
st
nd
3rd
4th
Annual Premium <= Rs 25,000 p.a.
Annual Premium > Rs 25,000 p.a.
Lower of 20% of (Annual Premium or
Lower of 6% of (Annual Premium
Fund Value) subject to a maximum of
or Fund Value) subject to a
Rs 3,000
maximum of Rs 6,000
Rs 2,000
maximum of Rs 5,000
Rs 1,500
maximum of Rs 4,000
Rs 1,000
maximum of Rs 2,000
5th onwards
NIL
Mortality Charge This charge is paid for the Life Coverage provided according to the Sum At Risk. This is based
on the mortality rates which are specified for all ages and amount of cover being provided.
Service Tax would be applicable on the charges depending on the applicable rates.
What happens if?

You stop paying the premium before 5 years - If the policy holder stops paying the premium, the insurance cover
will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund.
The Discontinued Policy Fund will be credited with a minimum interest rate of 3.5% p.a. and the proceeds from this
will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the
accumulated fund value will be payable to the nominee.
You stop paying the premium after 5 years - If the policy holder stops paying the premium after 5 years, then the
accumulated policy fund amount till the date of discontinuance shall be paid to the policy holder and the policy will
terminate immediately.
You want to surrender the policy - If the policy holder wants to surrender the policy before completing 5 years,
during this period, only the accumulated fund value will be payable to the nominee.
If the policyholder surrenders the policy after completion of 5 policy years, then the insurance cover will cease and
your fund value shall be paid immediately and the policy would be terminated.
You want a loan against your policy There is no loan facility in this product.
ING Prospering Life Plan Single Premium
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ING Prospering Life Plan Single Premium

ING Prospering Life Plan SP is a Single Premium Unit Linked Insurance Plan. Thus, it is a Non-Traditional
Insurance Plan from ING Life Insurance Company.
How it works In this plan, premium needs to be paid upfront under Single Premium Payment Option but the
policy continues for the entire policy tenure of 10 years. There is Loyalty Additions in this plan of a refund of 50% of
mortality charges deducted during the entire policy term.
In this plan, there are 2 investment strategies in this plan and there is Automatic Asset Allocation Strategy in this plan.
There are 5 funds for Self-Managed Option.
In case of death of the Life Insured within the Policy Tenure, the nominee gets the higher of the Sum Assured or the
Fund Value as Death Benefit and the policy terminates.
However, on survival till the end of the policy tenure, the Fund Value would be paid to the Policyholder as Maturity
Benefit and the policy terminates.
Key Features of ING Prospering Life Insurance Plan SP
It is a Single Premium Unit Linked Insurance Plan
There is Loyalty Additions in this plan of a refund of 50% of mortality charges deducted during the entire
policy term
There are 2 investment strategies in this plan
There is Automatic Asset Allocation Strategy in this plan
There are unlimited free switches and redirections available in this plan
In case of death of the Life Insured within the Policy Tenure, the nominee gets the higher of the Sum
Assured or the Fund Value as Death Benefit
The Fund Value is paid to the policyholder on policy maturity
Benefits you get from ING Prospering Life Insurance Policy SP

Death Benefit In case of death of the Life Insured within the Policy Tenure, the nominee gets the higher of the Sum
Assured or the Fund Value as Death Benefit and the policy terminates.
Maturity Benefit When the policy matures, the Fund Value + Loyalty Additions are paid to the policyholder as
Maturity Benefit and the policy terminates.
income each year under section 80C and the Maturity proceeds are tax free under section 10(10)D subject to
fulfilment of terms and conditions
Eligibility conditions & other restrictions in ING Prospering Life Policy SP
Minimum
Maximum
For age at entry < 55 years: 1.25 to 5 times the Single Premium
For age at entry of 55 years or above: 1.1 times the Single Premium
10
Single
65
18
75
72000
No Limit
Single Premium (in Rs.)

Payment modes
Only Single
Sample Illustration of returns of ING Prospering Life Plan SP

The below illustration is for a healthy Male of 30 years (non-tobacco user) opting for a
Annual Premium = Rs 1,00,000
Sum Assured = Rs 5,00,000
Policy Term= 10 years
Additional Features and Benefits of ING Prospering Life Plan SP

Riders There are no Additional Riders in this plan:
Investment Fund Options - In this plan, there are 2 Investment Strategies in this plan:
Self-Managed Strategy whereby the policyholder can choose his own funds according to his risk appetite.
There are 5 funds for choice:
ING Prime Equity Fund
Growth Fund
Balanced Fund
Secure Fund
ING Preserver
Professionally Managed Strategy whereby the professional fund manager manages the fund on behalf of
the investor by allocation in :
ING Active Asset Allocation Fund
Top-up Premium can be paid anytime except in the last five policy years. The minimum top-up premium is Rs.
5,000 and the maximum is Rs 8,00,000 per Life Assured. Every Top-up premium shall have an Additional Sum
Assured which will be 1.25 times of the Top-up premium paid for age 55 years or less and 1.1 times the Top Up
Premium for age more than 55 years.
Switching - There is unlimited free switches available in this plan from one fund to another.
Partial Withdrawal - In this policy, partial withdrawal is allowed after 5 complete policy years. The minimum amount
of partial withdrawal should be Rs. 5,000 subject to a maximum of 10% of the Fund Value prevailing at that time
subject to Fund Value after each such withdrawal not being less than 20% of the Single Premium. Partial Withdrawal
can be made anytime except in the last 5 policy years.
Charges in ING Prospering Life Plan SP

Premium Allocation Charge This charge is deducted from the Premium Paid by you
Premium Band
Premium Allocation Charge
Rs 72,000 to Rs 99,999
3%
Rs 1,00,000 to Rs 1,99,999
2.5%
Rs 2,00,000 and Above
2%
Top Up Premium
2%
Policy Administration Charge This is the charge for the administrative working of the policy and is deducted by
cancellation of units on a monthly basis.
Premium Band
Rs 72,000 to Rs 99,999
Policy Administration Charge

0.15% from Year 2 to Year 5
0.10% from Year 6 to Year 10
Rs 1,00,000 to Rs 1,99,999
0.10%
Rs 2,00,000 and Above
0.05%
Fund Management Charge This charge is deducted by adjusting the NAV of the units on a daily basis.
Type
Charge
ING Prime Equity
1.35%
ING Active Asset Allocation Fund
1.35%
Growth Fund
1.25%
Balanced Fund
1.25%
Secure Fund
1.00%
ING Preserver
1.00%
Discontinuation Charge There is no charge is for discontinuing the plan before the end of the Policy Tenure.
Mortality Charge This charge is paid for the Life Coverage provided according to the Sum At Risk. This is based
on the mortality rates which are specified for all ages and amount of cover being provided.
Service Tax would be applicable on the charges depending on the applicable rates.
What happens if?

You stop paying the premium Being a Single Premium Plan, there is no requirement of further payment of
premium.
You want to surrender the policy - If the policy holder wants to surrender the policy before completing 5 years,
You want a loan against your policy There is no loan facility in this product.
ING Prospering Life
7,312
Views
Individual Policy
18
False
False
ING Prospering Life Plan

This is a unit-linked insurance plan (ULIP) which is a mix of insurance and investment. After deducting the charges,
the premiums are invested in certain financial instruments. The customer can choose to for equity or debt instruments
based on his/her risk appetite. However, it is important to know that in such plans, the risk of investment is borne by
the customer and not the insurance company.
Key Features of ING Prospering Life
Automatic Asset Allocation Strategy Customer can choose a pre-defined ING strategy which will
allocate funds between debt and equity by itself, eliminating the hassle of constant monitoring by
the customer
Unlimited free switches and redirections
Monthly payment mode also available
Benefits you get from ING Prospering Life

Death Benefit In case of death of the policy holder, the nominee gets the higher of Sum Assured or Fund Value.
Maturity Benefit - If the policy holder survives the policy term, then he/she gets the Fund Value.
Income Tax Benefit - Life Insurance premiums paid up to Rs.1,00,000 are allowed as a deduction from the taxable
income each year under section 80C.
The maturity amounts you receive from this plan are exempt from tax under section 10(10D) provided the Sum
Assured is at least 5 times the premium paid at all times.
Eligibility conditions and other restrictions in ING Prospering Life
Minimum
Maximum
For age at entry below 45 years: Fixed at 10 X AP
For age at entry of 45 years or above: Fixed at 7 X AP

16 yrs
20 yrs
Policy Term / 2
Lock-in period
5 years
8 yrs
55 yrs
Age at Maturity
24 yrs
71 yrs
Rs 48,000 p.a.
Rs 96,000 p.a.
Regular premium
Single premium
Not Allowed
Payment modes
Annual, Semi-Annual, Quarterly and Monthly
Top-up premium
Rs 5,000
Sample Illustration for ING Prospering Life plan

Premium
= Rs.48,000
Policy Term
= 10 years
Total Investment
= Rs. 48,000 X 20 years= Rs 9,60,000
Additional Features and Benefits of ING Prospering Life

No Limit

Under this plan the policy holder gets the following fund options to choose from
ING Prime Equity Fund
Growth Fund
Balanced Fund
Secure Fund
ING Preserver
Top-up - The Minimum Top Up amount is Rs. 5,000/- at one time. Every Top-up premium shall have an Additional
Sum Assured which will be 1.25 times of the Top-up premium paid. This Additional Sum Assured on Top-up will be in
addition to the Basic Sum Assured. Top-ups will not be allowed during the last 5 years of the Policy Term.
Switching - Unlimited switches are available to the policy holder.
Partial Withdrawal - You are allowed to make partial withdrawals in this policy after 5 complete policy years. The
minimum amount of partial withdrawal should be Rs. 5,000 and a maximum amount equal to 25% of the Fund Value,
subject to Fund Value after each such withdrawal not being less than 1.5 times the one full years annual regular
premium.
What happens if?

You want to surrender the policy If the policy holder wants to surrender the policy before completing 5 years,
Endowment Plans
ING Secured Income Insurance Plan
ING Reassuring Life Endowment Plan
ING Safal Jeevan Endowment Plan
ING Powering Life Plan

ING STAR Life Plan
ING Secured Income Insurance RP
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Views
Individual Policy
371
False
False
ING Secured Income Insurance RP Plan

ING Secured Income Insurance RP is an endowment policy. This is a Regular Premium Traditional Plan with Bonus
Facility.
How it works In this plan premium needs to be paid till the end of the Policy Tenure. There are 2 options under
this plan- Base and Economy. At the end of the Policy Tenure, the Maturity Benefit that is provided to the Life Insured
is Sum Assured + Vested Bonus + Terminal Bonus.
However, if the Life Insured dies within the Policy Tenure, under Base option (Sum Assured + Family Income benefit
+ Vested Bonus + Terminal Bonus) is provided as Death Benefit and under Economy Option (Sum Assured + Vested
Bonus + Terminal Bonus) is provided as Death Benefit to the nominee.
The Base Option has Family Income Benefit, i.e. 2% of the Sum Assured will be paid every month for 5 years
following the death of the Life Insured. Hence a total benefit of 120% of Sum Assured would be paid out as Family
Income Benefit if death of the Life Insured occurs within the Policy Tenure under Base Option.
Key Features of ING Secured Income Insurance RP Policy
There are 2 options in this plan:
Base
Economy
The Maturity Benefit provided is (Sum Assured + Vested Bonus + Terminal Bonus )
If the Life Insured dies within the Policy Tenure, under Base option (Sum Assured + Family Income benefit +
Vested Bonus + Terminal Bonus) is provided as Death Benefit to the nominee
If the Life Insured dies within the Policy Tenure, under Economy Option (Sum Assured + Vested Bonus +
Terminal Bonus) is provided as Death Benefit to the nominee.
The Base Option has Double Death Benefit- Sum Assured + Family Income Benefit will be paid
Under Family Income Benefit Option, 2% of the Sum Assured will be paid every month for 5 years
This plan has regular Premium Payment Term
This Plan has 4 additional riders available.
This plan provides discount for high premiums paid
Benefits you get from ING Secured Income Insurance RP Plan

Death Benefit In case of death of the Life Insured within the policy tenure, the nominee receives
Under Base Option: Sum Assured + Family Income Benefit + Vested Bonus + Terminal Bonus
Under Economy Option: Sum Assured + Vested Bonus + Terminal Bonus
Maturity Benefit At the maturity of the policy, the insured will get Sum Assured + Vested Bonus + Terminal Bonus
Income Tax Benefit Premiums paid under life insurance policy are exempted from tax under Section 80 C and
maturity proceeds are exempted from tax under Section 10 (10D)
Eligibility in ING Secured Income Insurance RP Policy
Minimum
Maximum
50,00,000
10
30
Equal to PT
60 Age at Entry
Age at Maturity
18
70
NA
Payment modes
Yearly, Half-yearly or Monthly
Minimum Annual Premium Amount
12,000
Base Option: No Limit

Economy Option: 12,000
Sample illustration of premium amount in ING Secured Income Insurance RP
The below illustration is for a healthy Male (non-tobacco user) opting for a Sum Assured = Rs. 10,00,000 and
Policy Term = 20 years.
Additional Features and Benefits of ING Secured Income Insurance RP

Riders- There are 4 Additional Rider available with this plan
2. Accidental Death, Disability and Dismemberment Benefit Rider

3. Term Rider
4. Critical Illness Rider
What happens if?

You stop paying the premium If you stop paying the premiums after 3 policy years, the policy acquires a Paid Up
Value for a Reduced Sum Assured but the policy would be eligible for any future Bonuses and the policy is converted
to a reduced Paid Up Value.
The Policy can however be reinstated within 5 years from the date of first unpaid premium.
You want to surrender the policy You can surrender your plan after 3 full years premiums have been paid.
Surrender Value= 30% or 50% of the Total premiums paid (depending upon the type of Plan Chosen, Base or
Economy and duration of premiums paid)
This plan is also eligible for Special Surrender Value = (Total Number of Premiums Paid/Total Number of Premiums
Payable) X Sum Assured of base Policy + Accumulated Bonuses, if any.
You want a loan against your policy Loan facility is available under this policy after 3 policy years

ING Secured Income Insurance Plus is an endowment policy. This is a Limited Premium Traditional Plan with
Bonus Facility.
How it works In this plan premium needs to be paid for 5, 7 or 10 years as selected at the policy inception. At
the end of the Policy Tenure, the Maturity Benefit that is provided to the Life Insured is Sum Assured + Vested Bonus
+ Terminal Bonus + 10% of the Sum Assured as Guaranteed Additions.
However, if the Life Insured dies within the Policy Tenure, (Sum Assured + Family Income benefit + Vested Bonus +
Terminal Bonus) is provided as Death Benefit to the nominee.
Under Family Income Benefit Option, 2% of the Sum Assured will be paid every month for 5 years following the death
of the Life Insured. Hence a total benefit of 120% of Sum Assured would be paid out as Family Income Benefit if
death of the Life Insured occurs within the Policy Tenure.
Key Features of ING Secured Income Insurance Plus Policy
The Maturity Benefit provided is (Sum Assured + Vested Bonus + Terminal Bonus + Guaranteed Additions)
If the Life Insured dies within the policy tenure, (Sum Assured + Family Income benefit + Vested Bonus +
Terminal Bonus) is provided as Death Benefit to the nominee
The Base Option has Double Death Benefit- Sum Assured + Family Income Benefit will be paid
Under Family Income Benefit Option, 2% of the Sum Assured will be paid every month for 5 years
This plan has Guaranteed Additions of 10% of the Sum Assured payable on maturity
This plan has Limited Premium Payment Term
This Plan has 3 additional riders available.
This plan provides discount for high premiums paid
Benefits you get from ING Secured Income Insurance Plus Plan
Death Benefit In case of death of the Life Insured within the policy tenure, the nominee receives
Under Base Option: Sum Assured + Family Income Benefit + Vested Bonus + Terminal Bonus
Under Economy Option: Sum Assured + Vested Bonus + Terminal Bonus
Maturity Benefit At the maturity of the policy, the insured will get Sum Assured + Vested Bonus + Terminal Bonus
Income Tax Benefit Premiums paid under life insurance policy are exempted from tax under Section 80 C and
maturity proceeds are exempted from tax under Section 10 (10D)
Eligibility in ING Secured Income Insurance Plus Policy
Minimum
Maximum
50,00,000
10
30
5, 7
10
60 Age at Entry
Age at Maturity
18
70
NA
Payment modes
Yearly, Half-yearly or Monthly
Minimum Annual Premium Amount
12,000
Base Option: No Limit

Economy Option: 12,000
Sample illustration of premium amount in ING Secured Income Insurance Plus
The below illustration is for a healthy Male (non-tobacco user) opting for a Sum Assured = Rs. 1,00,000 and Policy
Term = 20 years.
Additional Features and Benefits of ING Secured Income Insurance Plus

Riders- There are 4 Additional Riders available with this plan

2. Accidental Death, Disability and Dismemberment Benefit Rider
3. Term Rider
4. Critical Illness Rider
What happens if?

You stop paying the premium If you stop paying the premiums after 3 policy years, the policy acquires a Paid Up
Value for a Reduced Sum Assured but the policy would be eligible for any future Bonuses and the policy is converted
to a reduced Paid Up Value.
The Policy can however be reinstated within 5 years from the date of first unpaid premium.
You want to surrender the policy You can surrender your plan after 3 full years premiums have been paid.
Surrender Value= 30% or 50% of the Total premiums paid (depending upon the type of Plan Chosen, Base or
Economy and duration of premiums paid)
This plan is also eligible for Special Surrender Value = (Total Number of Premiums Paid/Total Number of Premiums
Payable) X Sum Assured of base Policy + Accumulated Bonuses, if any.
You want a loan against your policy Loan facility is available under this policy after 3 policy years

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ING Vysya Life Insurance Plans

Click on the individual plans to read the Product Details.

Unit Linked Insurance Plans - ULIPs

ING Term Life Plus Plan

ING Market Shield Plan

ING My Term Insurance Plan - New

ING Uttam Jeevan Plan - Single Premium

Compare Term Plans

ING Prospering Life Plan - Single Premium

ING Prospering Life Plan - Regular Premium

ING Powering Life Plan

Compare Endowment Plans

Money Back Plan

About ING Vysya Life Insurance Company

ING Term Life Plus Plan

ING Term Life Plus Plan

Key Features of ING Term Life Plus Plan

Single and limited premium payment options available.

Benefits you get from ING Term Life Plus Plan

The remaining of the premiums are paid on maturity.

Sum Assured (in Rs.)

Policy Term (in years)

Equal to policy term

Premium Payment Term (in years)

Yearly, Half-yearly, Quarterly, Monthly and Single

Sample illustration of premium amount in ING Term Life Plus Plan

Additional Features and Benefits of ING Term Life Plus Plan

Accidental Death Benefit rider

Accidental Death, Disability and Dismemberment Benefit rider

What happens if?

Regular Premium: 40% of the premiums paid by the Policyholder.

Single Premium: 70% of the premiums paid by the Policyholder.

Alternate Return of Premium Term Plans from different insurance companies

IDBI Federal Termsurance Protection Plan -TROP

Other term insurance plans from ING Vyasa Life Insurance

ING Vyasa Term Life Plan

ING My Term Insurance Plan

There are 2 options for choosing Death Benefit in this plan:

1. Option A: where regular Sum Assured would be paid as Death Benefit

Key Features of ING My Term Insurance Policy

This is a simple Term Plan with loads of additional benefits

There is preferential rates for being a non-smoker

Benefits you get from ING My Term Insurance Policy

Lump Sum Benefit

Family Income Benefit

110% of 20% of Base Sum Assured) / 60

110% of 50% of Base Sum Assured) / 60

110% of 60% of Base Sum Assured) / 60

110% of 70% of Base Sum Assured) / 60

Eligibility conditions & other restrictions in ING My Term Insurance Policy

Limited Pay (5, 7 , 10 years)

Equal to Policy Term

Entry Age of Life Insured (in years)

Annual, Semi-Annual, Quarterly and Monthly

Sample illustration of premium of ING My Term Insurance Plan

Additional Features and Benefits of ING My Term Insurance Plan

1. Critical Illness Rider- with limited and regular payment options

What happens if?

Unit Linked Insurance Plans - ULIPs

ING Life Market Shield Insurance Plan

Key Features of ING Market Shield Plan

Limited Premium paying term available

Benefits you get from ING Market Shield Plan