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ING Freedom Plan

 
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Investment Linked Insurance

The ING Freedom Plan is an Unit Linked Insurance plan having in-built, customizable features that offer you freedom, flexibility, and much more. So you now have complete flexibility to plan your finances, decide how long you want to pay, how much to pay, the extent of insurance cover, the frequency of payments that you would make each year and so on.

The ING Life Freedom Plan offers you so much more as a life cover, in terms of flexibility and customizing your investments that you will come to realise what real freedom means, from a financial perspective.

Key Benefits Show details
  • Flexible Investment strategy

  • Loyalty Additions

  • Option to avail Survival Benefits at regular intervals

  • Additional Protection through Riders

Product Features Show details

Eligibility

  • Minimum Age at Entry: 8 years

  • Maximum Age at Entry: 55 years

  • Maximum Age at Maturity: 80 years

Policy Term

  • Minimum: 25 years

  • Maximum: (80 minus age at entry)

Maximum premium ceasing age

  • 70 years

Premium Paying Term

  • 15 to 25 years

Premium Payment Modes

  • Annual, Half-yearly, Quarterly, Monthly

Minimum Premium

  • Yearly: Rs. 18,000

  • Half-yearly: Rs. 9,000

  • Quarterly: Rs. 4,500

  • Monthly: Rs. 1,500

For Monthly mode: Minimum 3 monthly premiums to be collected at the time of issue

Top-up Premium

  • Minimum: Rs. 2,000

  • Maximum: Not exceeding 25% of the total regular premiums paid

Sum Assured

  • Minimum: 10 times the annualised premium

  • Maximum: 25 times the annualised premium, subject to underwriting considerations

 
For more details on risk factors, terms and conditions please read the Brochure and Benefit Illustration carefully before concluding a sale.
 
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