![]() Financial Daily from THE HINDU group of publications Wednesday, Oct 05, 2005 |
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Money & Banking
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Life Insurance 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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