Financial Daily from THE HINDU group of publications
Sunday, May 12, 2002

Investment World
Features
Stocks
Port Info
Archives

Group Sites

Investment World - General Insurance
Money & Banking - General Insurance
Info-Tech - Internet


www.ingvysyalife.com -- Simple and serious

Anand Ram

ING Vysya Life Insurance's domain is spartan, providing for quick and simple access. The material is logically organised without redundant links. Clicking on the menu bar lists out the subsections on the site. The only ever flashy graphic on the homepage showcases ING's milestones.

The homepage has a matter-of-fact appearance to it and a menu bar links you with other modules on the site. A feature that holds your attention is the `Pay your Premium Online' object. An arrangement with ICICI's Billjunction.com lets you make your premiums payments automatically in return for a modest charge. Another feature is the search box that lets you look up insurance terms or the company's products portrayed on the site.

The `choose your plan' section prompts you for three simple inputs, such as your current stage in life, premium affordability constraints and term requirements, based on which the programme decides on the suitability of an insurance plan. ING Vysya has whole life, money back and endowment plans on offer.

There is a `How much insurance you need' tool that quizzes you on a spectrum of fund inflows and outflows. It then tells you the right amount of insurance cover you may need after taking into account your income growth, return on investments and the inflation rate.

Though the site does not make premium tables apparent, it still gives you the premiums through a calculator, depending on the type of policy, payment mode, sum assured, age, sex and rider benefit inputs. This section also holds to the lens its products and the add-on benefits associated with them.

`Commonly asked questions' is one of the most comprehensive lists compiled on demystifying the world of insurance. It explains in simple terms what an insurance and premium is to policy backdating and assignment. A glossary of insurance terms is also available on the site.

A sitemap assists you on how the whole Web site is arranged. The `Contact Us' section runs you down on all the regional locations of the company. The branch locator has an attractive map template that blurbs the company's locations in the metros. A form on the `Request Brochureware' section will prompt you for relevant details so that the company can snail-mail you information on its products. Alternatively, you can download the brochures in PDF format.

The company has also posted discussion papers and topics of interest from the Asia-Pacific Risk and Insurance Conference 2001.

On the whole, this is a site geared to functionality and stands out among others in explaining the insurance business to the layperson. Its recent move to spruce up the Web site shows the company is committed to taking things seriously on the net.

Send this article to Friends by E-Mail

Stories in this Section
Liberty Oil Mills: Accept


Kaycee Industries: Accept
Specialty chemicals -- Nothing special about it, for now
Specialty chemicals -- MNC equations
Specialists' score-card
`We still have an edge over China' — Mr Prakash R. Rastogi, MD, Clariant (India)
Leaders in Indian and global markets
Dealing with unfit stamps
`Sponsors' need not bail out UTI
IDBI Principal Equity: Hold/Avoid new exposures
UTI Brand Value Fund: Pare exposures
Franklin India Growth Fund: Hold/Avoid fresh exposures
UGS 10000 goes open-ended
PE Ratio, Asset Allocation Funds: Hold
Benchmark's innovative gold fund
UTI clarifies
Godrej Consumer: Book profits
Fast moving consumer goods -- Can they spruce up their image?
Ashok Leyland: Hold
ITC Hotels -- Wait to check in
Lakshmi Auto Components: Hold/buy on declines
Indian Rayon: Book profits and re-enter at lower levels
Pension plans: A `saving' grace?
www.ingvysyalife.com -- Simple and serious
Markets last week -- Sluggish trend pervades
Positive outlook for GTL, Rolta
Further uptrend in ITC, HLL
IPCL moves up the price charts
Nasdaq interestingly poised
Improved volumes in Nifty May
L&T remains active
Stock futures -- Hindustan Petroleum tops list of favourites
Options help guide
Futures guide
TNPL: Fine print
Rebates and deductions
Book value, earnings and dividends -- Key to equity valuation
Factoring in the information right
Futures: What is not profit
Oil prices -- Install a graded duty system
Co-op banking: System riddled with holes
Q4 results: Why no quarter should be given
MIP imbroglio -- Postponing the day of reckoning
Inquiry into research analyst conflicts
It adds up!


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line