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Private insurer ING Life Insurance today launched a traditional retirement solution, ING Golden Years Retirement plan.
The product aims to build a retirement corpus, provide guaranteed returns and also offers multiple flexibilities to customers, a top executive said.
“ING Golden Years Retirement Plan is designed to ensure that you live an independent life without compromising on your standard or quality of living during your golden years of life,” ING Life Insurance Chief Financial Officer Uco Vegter said.
“Our past experience and track record in managing a healthy retirement portfolio has helped us come with this great offering. We are sure our customers will find this as a solution with a host of flexibilities,” he added.
The key benefits of Golden Years Retirement Plan are growth with minimum guarantee, consistent bonus track record on existing retirement plans, flexibility like top-up premium, premium payment options, postponement of retirement age, loyalty benefit, regular and disciplined savings, life cover and tax savings.
Headquartered in Bangalore, ING Vysya Life Insurance is 100 per cent owned by Exide Industries.
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