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ING Life India one of leading life insurer in India launched new life insurance plans in India. ING ACE a new plan which offers guaranteed additions, limited premium pay and tax benefit. 

New plans coming in two new variants, namely ING ACE Pension and ING ACE Life which caters different needs of customer. 

Ace Pension which offers guaranteed returns addition of 8.75 per cent per annum through out the 10 years term of the policy. Where as Ace Life Version offers 7.75 per cent guaranteed additions as per premium paid. 

ING ACE Pension: 

It is a non-linked, non-participating pension plan which is limited premium payment plan for 3 years. It is 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 customer post retirement years. It is a plan that where minimum age entry is 35 years and maximum is 60 years. Minimum vesting age is 45 years and maximum is 70 years. Vesting sum assured is the 2 times of the annual premium. Plan comes with guaranteed additions of 8.75% per annum. 

ING ACE Life: 

ING Ace Life is a non-linked non-participating limited premium payment (3 years) endowment plan that provides guaranteed additions for the entire policy term of 10 years. 

Plan provides guaranteed additions of 7% or 7.75% p.a. compounded every year. Life cover of 5 times premium for 10 years.  

It is a plan that where minimum age entry is 8 years and maximum is 50 years. Minimum age at maturity is 18 years and maximum is 60 years. It provides guaranteed death benefit of 500% annual premium.