This is one such insurance plan from ING New Best Years that has been designed to offer capital guarantee to the insured along with safety retirement corpus. This is one such plan that offers ample flexibility to the insured thereby enabling him or her to enjoy their retirement peacefully.
Some of the key benefits that this policy offers to the policy holder are as follows:
1. In this very insurance policy, the balance gets accumulated in the pension account of an individual.
2. This is one such plan that offers plenty of flexibility to the subscriber of this policy. Some of the flexible options of this policy are:
- The insured can go for the option making yearly regular contribution,
- The insured has the full freedom to choose the timing and frequency of the contribution,
- Apart from this the insured can also make some additional investments in the form of top-up contributions,
- If an insured is unable to make a contribution at a certain point of time then he or she can have a break that is mainly referred as contribution holiday,
- The insured is free to start the pension any time he or she wants,
- The insured can easily postpone the date of his or her retirement so as to make good use of the market condition,
- The insured is also free to withdraw certain amount of balances as lump sum amount. He or she can take this at the time of retirement and this money is usually tax free.
These are some of the features and benefits for this policy. For further query or information, people are requested to make a call the customer care center at 1 – 800 – 419 – 8228 or visit any branch offices of ING Vysya Life Insurance.