Press Release

ING Easy Builder Savings Plan
Two years of payment to achieve savings goals in five years

NG Life has launched a five-year USD short term endowment product, ING Easy Builder, offering attractive guaranteed returns. With the premium term as short as just two years and a guaranteed annual return of 3.2 per cent upon maturity that outperforms bank savings and traditional insurance products, this plan is a preferred option for short-term savings. In addition, Easy Builder also offers comprehensive life protection plus an accidental death benefit.

Easy Builder is an insurance plan which preserves 100 per cent of its capital at maturity. In addition to preserving the principal amount, the plan also offers attractive and guaranteed returns of 3.2 per cent per annum upon maturity. With a two-year payment term, customers can enjoy the guaranteed returns in five years’ time. In view of the existing low savings-deposit interest rate, this plan appeals especially to people looking for guaranteed returns, including people close to their retirement age, prudent investors and those who seek risk diversification.

Moreover, this plan also offers life protection and an accidental death benefit. In the event of death before the policy matures, a death benefit equivalent to 101 per cent of the premium paid or guaranteed cash value (whichever is higher) is payable. If the insured passes away due to accidental reasons during the first three policy years, an accidental death benefit which is equivalent to 30 per cent of the premium paid would be offered.

Easy Builder comes with the guaranteed approval of application without the trouble of a medical check-up; therefore clients can start with their saving plans right away. The minimum sum insured is US$20,000, and the insurable age is from 1 to 75. The product is offered on a limited basis and is subject to capacity limits.

In line with the launch of Easy Builder, a full-page advertisement has been published in several major newspapers and magazines. Piggy banks are employed as the main visual to highlight the savings nature of the product. The large piggy bank represents the attractive guaranteed returns, while the small piggy banks symbolize the two-year payment term.

Enquiry: 3123 3123

Print advertisement of Easy Builder

Capital is 100% preserved at maturity only.

Accidental death benefit is not applicable under specific circumstances. Please refer to the policy provisions for the exclusion clause.

The sum insured is equal to the target savings amount at maturity, which is irrelevant to the death benefit payable upon the death of the insured.

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