This is one such insurance plan from ING New Best Years that has been planned to offer capital guarantee to the insured along with security retirement corpus. This is one such plan that offers ample flexibility to the insured thereby enabling him/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 creation yearly regular contribution,
- The insured has the full freedom to want the timing and frequency of the contribution,
- Apart from this the insured can also make some further investments in the form of top-up contributions,
- If an insured is unable to make a contribution at a confident point of time then he/she can have a break that is mostly referred as contribution holiday,
- The insured is free to start the pension any time he/she requirements,
- The insured can simply postpone the date of his/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/she can take this at the time of retirement and this money is usually tax free.
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Tags: ING New Best Years, ING Vysya Life Insurance, insurance policy, Life Insurance