About ING Life Insurance

The ING group was founded in 1991 to provide a complete range of world class financial services to people under one brand name. The group’s headquarters are situated in Amsterdam, Netherlands with a corporate, private and institutional client base of over eighty five million. ING Direct is a subsidiary of ING Group with operations based across the world in countries including Australia, Canada, Italy, France and Spain along with others. It is also the world’s ninth largest company with employee base of over one and a half million workers.

The plethora of services provided by ING include savings account, checking, certificates of deposit, mortgages, home equity line of credit along with mutual funds, insurance services and business accounts.

ING offers three kinds of life insurance which include term, universal and variable universal along with additional benefits such as life insurance calculator.

The term life insurance provides temporary life cover for a specific time period suiting the needs of the customer. For eg. the consumer requires protection for the kids until they graduate from high school. Term insurance offers flexibility along with cost effectiveness and is a smart option for individuals and young couples.

The universal life insurance policy offers long term cover for people looking for flexibility and guaranteed lifetime protection. It also provides a cash value feature which helps in building savings for the future. Additional benefits offered are flexible premium payments, tax advantaged cash accumulation and income tax free death benefit.

The variable universal life insurance cover allows the customer determine the amount of premium payments and adjust the death benefits of the policy. It also offers a vast range of investment options with a fixed account.

ING Group also provides retirement solutions such as pensions and mutual fund trusts which allow the consumer to live the lifestyle desired after retirement.