ING Ace Pension is a non-linked non-participating limited premium payment (3 years) pension plan that provides guaranteed additions for the entire policy term of 10 years. The Guaranteed Vesting Benefit at the end of the Policy Term will be used to purchase annuity which will help you in your post retirement years.
ING Ace Pension is a special plan that offers guaranteed returns with a convenient 3 year premium commitment and comes with attractive tax benefits. This simple investment plan is available only for a limited period.
Key Benefits –
- Guaranteed Additions of 8.75(%) p.a. compounded every year
- Limited premium payment period of 3 years
- Guaranteed Vesting Benefit at the end of the 10 years
Features –
| Age at Entry | Minimum: 35 Years Maximum: 60 Years |
| Age at Vesting | Minimum: 45 Years Maximum: 70 Years |
| Policy Term | 10 years |
| Premium Paying Term (PPT) | 3 years |
| Premium Payment Mode | Annual Only |
| Maximum Annual Premium | No Limit |
| Vesting Sum Assured | 2 times the Annual Premium |
| Guaranteed Additions | 8.75% per annum |
| Life Cover | Premiums paid compounded at 3% per annum |
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