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Visakhapatnam, May 28

ING Vysya Life announced the launch of two new schemes, ING Term Life and ING Term Life Plus, here on Wednesday for the first time in the State. Mr Madhav Kumar Rachapudi, the regional Vice-President, AP, said at a press meet on the occasion that any customer in the age group of 18 to 65 could buy either of the products, with the premium paying terms between 10 years and 30 years. There was an option for single premium. ING Term Life Plus offers return of premiums, paid ha lf-way through the policy term, and at the end of the policy term. For ING Term Life, the minimum sum assured should be Rs 10 lakh and for ING Term Life Plus Rs 5 lakh.

– Our Bureau

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