ING Creating Life Money Back Plan

Recommendations :No

Name of the policy :
ING Creating Life Money Back Plan

A brief desciption :

ING Creating Life Money Back Plan is Traditional Money Back Child Plan. In this plan, the life of the parent is insured for the benefit of the child. In this plan, if the parent dies within the policy maturity, the Sum Assured is paid to take care of immediate expenses, the future premiums are paid by the insurer and the policy continues such that the Maturity Benefit is provided to the child. 20% of the Sum assured is paid every 1/5th of the Policy Term and on Maturity the remaining 20% of the Sum Assured is paid along with bonuses.

Started date :2/1/2006
Type of policy :Insurance cum investment
Category :Traditional-Endowment Plan
Insurance :Not Specified
Returns expected :Less than Fixed Deposit
Entry age :18-55 Years
Minimum amount :Min- 8000 Yearly 4000- Half Yearly 2000- Quarterly 750- Monthly, Max- No Limit

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