Unit Linked Retirement plan launched

Visakhapatnam, Mar 5 (UNI) ING Vysya Life, part of the ING Group, the world's largest financial services provider today announced the launch of a Unit linked Retirement solution "ING Golden Life", a plan that offers key benefits of Loyalty Units and Life Stage Investment Programme (LSIP).

Speaking about the plan, Mr. Madhav Kumar, Regional Vice President, Andhra Pradesh said the product offered attractive customer benefits and encouraged customers to look at retirement planning with a along-term view. With the addition of ING Golden Life, in the retirement segment, ING Vysya has a comprehensive range of products to offer to its customers, he added.

He said savings for retirement had to be planned with products beneficial in the long-term. "Golden Life" introduced features that will help customers to build a large retirement plan and realizes their post-retirement dreams.

He said the retirement ULIP offers additional Loyalty Units to the customer's fund every year. The units would be added as a percentage of the fund value, at the end of each policy year. This helps customers to grow their retirement funds faster and benefits them in the long-term.

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