Press Release

ING "Basic Plus" Insurance Plan
Satisfies Two Basic Needs for Return and Protection

ING Life has launched a new insurance plan, ING Basic Plus, featuring flexible savings and life protection to satisfy clients' basic needs all in one stroke. Tailored around the simple concept of "Back to Basic", this plan offers clients the opportunity to earn attractive interest returns while enjoying comprehensive life coverage up to the age of 100 and flexibility in premium payments and withdrawals. This is just like providing clients with a 100 percent comfort-fit t-shirt.

The variable premium payment options under ING Basic Plus allow clients to choose the best-fit contribution plan based on their goals and abilities. Clients have flexibility in determining their desired premium amount. Asides from the "Basic Premium", clients can commit to a "Regular Contribution", or even earn interests on an extra-savings, “Booster Contribution” as the financial situation improves. Deciding how to tailor each plan is up to the client, depending on their different life ambitions, which may range from getting married, funding their children's education, or saving for retirement.

One distinct feature of ING Basic Plus is its flexibility in giving choices for your own suitable coverage plan. It provides two different types of coverage – Level Benefit (sum insured or account value) and Increasing Benefit (sum insured plus account value). Furthermore, its flexibility in premium payment/withdrawal allows clients to have a premium holiday during times of economic hardship or withdraw their accumulated account value if such a need arises.

In addition to a comfort-fit premium and protection arrangement, this new plan protects clients' savings against inflation with a higher potential interest rate. The account value will grow according to the interest distributed each year by the company (the average interest rate of similar plans over the past 10 years was over 6%). Moreover, it provides a guaranteed bonus, which is paid out on the 10th anniversary of the policy and every 5 years thereafter. In all, ING Basic Plus is a safe and stable investment tool with attractive interest returns to help accumulate wealth. The plan also offers a junior version, tailor-made for children from newborns to 17-year-olds. The minimum sum insured is HK$300,000 (HK$120,000 for those aged 56-65)。

In line with the launch of ING Basic Plus, if clients successfully apply for the plan before 31 March 2010 and the annualized premium meets HK$10,000, they are entitled to a supermarket coupon valued up to HK$500. To further promote the product, a series of 15 designer tees, Basic Plus Tee Collection and souvenir magnets are being produced. An array of advertisements on tram bodies, newspapers and magazines, and online platforms is also being launched.

Enquiry: 3123 3123

Handling charges for withdrawal will apply if the withdrawal occurs within 5 years from the premium deposit date.

Subject to the minimum balance requirement.

Past performance is not an indicator to future interest rates and the rate may go down as well as up.

This description is for reference only. For a complete explanation of the terms and conditions, please refer to the policy and the promotion leaflet.