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Wednesday, Oct 05, 2005


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ING Vysya Life declares bonus

Our Bureau

Bangalore , Oct 4

ING Vysya Life Insurance Company Ltd has declared a bonus for all its participating policy holders.

An ING release said that the bonus rates were based on long-term stable returns projected by it.

Investments are predominantly in Government securities and bonds, though a small portion has also been invested in equities, a release said.

The bonus rates vary from 7.5 per cent to two per cent on savings-linked policies and 6.3 per cent on retirement plans. As at the end of August this year, the company had issued 29,167 policies across all categories.

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