Thiruvananthapuram: ING Vysya Life Insurance has unveiled ING Guaranteed Growth Plan, a new unit-linked product, in Kerala. The new product offers a minimum guaranteed benefit of 5 per cent per annum plus the opportunity for additional market-linked returns. For this product, up to 40 per cent of the available funds will be infused in equity and the balance in debt securities. The product offers policy terms of either 10 years or 15 years and a choice between a single premium or a limited premium paying period of two or three years. On maturity, the higher of the fund value or the guaranteed benefit will be paid.
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