ING Life launches unique child product

Disclaimer: Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. Stock quotes are believed to be accurate and correctly dated, but www.stockmarketindian.com does not warrant or guarantee their accuracy or date.
www.stockmarketindian.com takes no responsibility for any investment decisions based on recommendations provided on website.
Financial contents like Technical charts, historical charts and quotes are taken from NSE and Yahoo sites.
Note - All quotes are delayed by 15 minutes and unless specified.

Google Adsense Ads are posted on every page of the website so visitors clicking on Ads and going to those links and carrying any financial deal is not at all related to www.stockmarketindian.com and any financial deal should be done on their own sole responsibility.
Please read at www.stockmarketindian.com/disclaimer.php before using any material or advice given at www.stockmarketindian.com
Copyright © 2010 StockMarketIndian.com. All Rights Reserved

ING Life India launched a new child insurance product "ING Aashirwad" that helps parents plan for their child's future goal and thereafter protect its life without any additional cost.

The new child product helps parents to fulfil their responsibility with the required funds for education, marriage or any other milestone, ING Life chief distribution officer, Rahul Agarwal, told reporters here on Thursday.

He said ING Ashirwad is a non-linked and non-participative child plan. In case of any eventuality to the parent, plan will offer an additional equal to 50 per cent of the guaranteed maturity as death benefit and the policy will continue. Future premiums being waived off. On maturity the child will get the full maturity value of the policy, Agarwal added.

Parents have the option to further enhance the protection cover by adding Accidental Death Benefit (ADB) or Accidental Death, Disability and Dismemberment Benefit (ADDDB), he said.