India-based private underwriter ING Vysya Life Insurance has rolled out its latest offering ‘The Life Maker’, which allows customers to prepare for their future financial needs.
The newly introduced product, which meets the product guidelines issued by the Insurance Regulatory & Development Authority (IRDA), provides services including protection services, savings and investments solutions, retirement and pension services.
ING Life Insurance chief financial officer Uco Vegter was quoted by PTI as saying, "We have a complete portfolio of approved products way before the January 1 deadline set by the regulator.
"We have used the implementation of new guidelines to align our product portfolio to reflect our product philosophy, which is to provide long term transparent solutions with protection and guarantee, consistent bonus track record, flexible and affordable premiums."
ING Vysya Life Insurance Company is fully-owned by Exide Industries and serves over 1 million customers in over 200 cities in India.