|
|
|
|
|
|
|
Insurance Company
|
ING Vysya Life Insurance Company Ltd
|
|
Plan Name
|
ING Uttam Jeevan - SP
|
|
Plan Nature
|
ULIP
|
|
Plan Category
|
Investment Plan
|
|
UIN No.
|
114L053V01
|
|
About Plan
|
It is a unique unit linked plan will definitely help you provide for them in the future. This plan is a lump sum investment opportunity that offers a life cover that is over and above the value of your accumulation.
|
|
|
|
|
|
|
|
Minimum Entry Age
|
8years
|
|
Maximum Entry Age
|
45years
|
|
Minimum Maturity Age
|
18years
|
|
Maximum Maturity Age
|
55years
|
|
Minimum Top Up premium
|
Rs.2,000
|
|
|
|
|
|
|
|
|
|
Benefits
|
|
|
| Particulars | Description |
|
Maturity Benefits
|
On maturity of the policy, Fund Value as on the date of maturity will be paid. Fund Value at maturity is the number of unit price at maturity times the number of units at maturity.
|
|
Death Benefits
|
In the unfortunate event of death of the Life Assured during the policy term, Life Cover will be payable to the eligible person. At all times, the death benefit will be at least 1.05 times of the single premium paid including Top-up premiums(if any).
|
|
Switch Benefit
|
This plan gives you the flexibility to review the performance of your funds and markt conditions periodically and if required Switch your existing investments from one fund to another.
|
|
Partial Withdrawal Benefit
|
This policy allows partial withdrawal from your fund at any point of time after completion of 5 Policy Years.The minimum Partial Withdrawal that can be availed is Rs 2000/- and subject to maximum of 10% of the Fund Value prevailing at that time.Only one Partial Withdrawal can be availed during a Policy Year and overall five Partial Withdrawals during the entire Policy Term.
|
|
Surrender Benefit
|
The importance of availability of cash in some emergencies cannot be denied, therfore, we provide you with a choice to surrender the policy during the Policy term. In case the Policy is surrendered during the initial 5 years from the Policy Commencement the Surrender Benefits shall be payable to the Policyholder only after completion of 5 full Policy Years.
|
|
|
|
Tax Benefits
|
|
|
| Section | Description |
|
SEC 80 C
|
Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
|
|
SEC 10 (10)D
|
Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
|
|
|
|
|
|
|
|
|
|
|
|
Choose the premium amount that you wish to invest in the plan that will determine the Initial Sum Assured under the Policy.
|
|
The single premium netof Premium Allocation Charge will be invested in the fund of your choice.
|
|
Mortality charge, Accidental Death Coverage Charges and Policy Administration Charges will be deducted on a monthly basis by cancellation of units.
|
|
In the unfortunate event of death of the policyholder during the term of the policy, the eligible person shall receive the Life Cover.
|
|
At maturity, the Fund Value will be paid to the Policyholder.
|
|
|
|
|
|
|
|
|
|
Preserver Fund
|
|
Prime Equity Fund
|
|
|
|
Particulars
|
Range
|
|
Preserver Fund
|
|
Debt and debt related investments with no more than 25% of the fund invested in instruments of maturities less than 12 months
|
100%
|
|
Prime Equity Fund
|
|
Equity
|
90% - 100%
|
|
|
|
|
|
|
|
|
|
|
Preserver Fund
|
22-May-13
|
14.4528
|
|
Prime Equity Fund
|
22-May-13
|
10.6124
|
|
|
|
|
|
|
|
|
|
|
Preserver Fund
|
|
Prime Equity Fund
|
|
|
|
|
|
|
|
|
06-Aug-09
09:45
|
Frank Koster as CEO for Asia/Pacific Insurance business : ING
|
|
27-May-09
10:42
|
Hiring of 3,000 advisers a month : ING Life
|
|
20-May-09
14:15
|
ING Life Insurance has tied up with Suvidhaa Infoserve
|
|
13-May-09
12:46
|
Premium income growth of 24 in last FY : ING Vysya Life
|
|
26-Feb-09
12:28
|
ING Life tied up with South Indian Bank
|
|
12-Feb-09
18:36
|
ING Life launches ULIP 'ING Prime Life'
|
|
11-Feb-09
10:40
|
Pension Plans Contribute
|
|
10-Feb-09
13:52
|
ING group to infuse more capital into joint venture
|
|
13-Jan-09
13:50
|
ING bets on TV ad to improve connect
|
|
02-Oct-08
09:51
|
ING Vysya ties-up with eSeva in Hyderabad
|
|
|
|
|
View another Plan
|
|
|
|
|
Insurance Company
|
|
|
|
|
Solution for
|
|
|
|
|
Type
|
|
|
|
|
Category
|
|
|
|
|
Plan
|
|
|
|
|
|
|