ING might be best known for its high-interest yielding savings accounts, but it is actually a diversified financial services company with a wide range of insurance options for individuals. Millions of Americans have benefited by partnering with ING for their short and long term financial planning. In addition to their investment products, ING offers tax-advantaged term and cash value life insurance policies that can protect your family's income from an unexpected death. ING life insurance can also assist with college funding, retirement planning and many other major life events.
Crosspointe Insurance Advisors can help your family get the peace of mind that comes from a solid financial plan including life insurance. Without the proper amount of life insurance, your family could face an uncertain future. Our agents will help you find the ideal ING life insurance product to meet your budget and priorities.
ING Term Life:
When you work with ING for your life insurance, you will know you are protected by the strength and stability of a solid financial company. Generally the most affordable type of life insurance, Term Life delivers death benefit protection for a specific number of years for a fixed level of coverage. The amount of coverage you need will be determined by your age, your income, the age of your children, the amount of secured and unsecured debt you carry, and your overall health. Ideally, in the event of an untimely death, you should have enough to cover the amount owed on your mortgage and other debts.
ING also offers a return-of premium product that allows you to get back the premiums you have paid if you outlive the term of the insurance policy.
ING Universal Life (Includes Survivorship Universal Life):
While a term life policy may be the "base model" of your life insurance policy, it is also a good idea to consider a plan that allows for a cash value accumulation. ING's Universal Life (UL) insurance offers such a plan, while giving you the flexibility to pay your premiums in whatever time period you desire, even in advance. Many people choose a UL plan because it includes a tax-advantaged cash value fund that can be used to supplement college funding and retirement.
ING Indexed Universal Life
An ING Indexed Universal Life plan (IUL) is similar in many ways to a regular universal life plan, but it allows for cash value accumulation based on the performance of one or more stock market indexes. Indexed Universal Life also includes the life insurance death benefit, and provides protection from downside risk by offering a minimum guaranteed interest rate.
ING Variable Universal Life
A VUL (Variable Universal Life) policy from ING is a plan that offers the same flexibility of a UL policy, but with the potential to generate more cash value because of your direct involvement in the investment choices. In addition to death benefit protection, this plan offers greater flexibility with the way your premium dollars are invested. As a way of protecting from downside risk, a portion of the assets in the cash value account can be guaranteed at a minimum interest rate.
As your trusted financial partner, ING can bring you a wide range of financial planning tools to supplement your life insurance plans. Crosspointe Insurance Advisors can help you find out more about ING's portfolio of insurance products. Contact us today to request a free quote.