INGEasi For Family

Advantages & Disadvantages of Life Products

Traditional Life Product Limitations
• Sum assured and premium are 100% linked up
An increase in premium will lead to a corresponding increase in sum assured. There is no way for policyholders to directmore money towards investment due to this direct link.

• There is no choice of investment
All investment is participated in the Company’s Life fund, where investment is governed by Bank Negara’s guideline. This applies to all policyholders irrespective of their age and risk profile The policyholder does not have any choice in deciding which investment portfolio they wish to invest in. The above constraints make traditional product very inflexible to meet customers’ needs.

Flexibilities Of Unit Linked Products
• Flexibility in determining the amount of sum assured and premium.
Policyholders Decide on the premium (minimum   annual premium of RM1500) depending on their current financial capability and subsequently they can increase/reduce the premium based on their affordability. The same applies to the sum assured.

• Premium top-up to improve investment yield
Policyholders can top-up their premium anytime on ad-hoc basis or on a  fixed interval basis (scheduled top-up).As a result of this, the account value of the plan will be expanded for potentially better yield.

• Choice of fund(s)
Policyholders decide on their preferred fund(s) depending on their risk appetite, investment horizon and financial goal. Policyholders can make fund switching as and when necessary.

SMS or CALL +6012 207 5770

Suggestion: Suitable for those who under employed for them to start a new family.

1. Lowest premium with highest financial protection covered
a. DEATH
b. DISABILITY
c. CRITICAL ILLNESS
d. PERSONAL ACCIDENT
e. MONTHLY INCOME
f. HOSPITAL INCOME

ING Premier Income Plus 12 Years Limited payment period

for whole life income protection

LAST CALL - HURRY UP!!!

Enjoy a shorter premium payment period of 12 years* for INCOME & LIFE protection up to age 100

Guaranteed annual CASH PAYMENT OF 6% payable starting from end of policy year 12

Built-in Living WAIVER OF PREMIUM Benefit rider whereby future premiums will be waived in the event the life insured is diagnosed with critical illness before age 70

FUNERAL EXPENSES of 5% of sum assured or RM10,000 whichever is lower

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DISCLAIMER

ING Flexi - Premier Income

Pay20 Income10 and Pay20 Income15

LAST CALL - HURRY UP!!!

Features This is a participating whole life plan with guaranteed interim cash payments (ICP) that matures at age 85 with limited premium payment period. The policyholders will participate in the profits of the Company by way of dividends.

It offers guaranteed interim cash payments (ICP) of 4.5% or 6.0% of sum insured payable annually on survival to the end of each policy year starting from the end of 10th or 15th policy year respectively till age 85 as long as the insured is alive and the policy is still in-force.
Benefits

ING Flexi-Premium Income

A) Guaranteed Interim Cash Payments (ICP)
B) Maturity
C) Death
D) Total & Permanent Disability
E) Surrender
F) Policy Loan
G) Reduce Pay-up
H) Non-forfeiture Option
I) Future Premium Deposit Option
J) Dividend

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ING Medical Health Insurance up to Age 80

Your healthcare needs fulfilled at affordable costs

With the escalating costs in today living, it is wise to take measures and exercise prudence in our spending. We are not spared when medical costs increase and we should not compromise on our health.

When an unforeseen event especially concerning health happens to you, your loved ones and friends are also affected. What you need most at this time is to concentrate on immediate treatment and recovery. Mounting hospital bills should be the least of your worries. As our population mortality rate improves, the plan coverage up to age 80 years ensures you receive quality healthcare during the time you need it most.

Attached to ING Prime Life Insurance, this rider covers hospitalisation and out-of-hospital expenses. If you opt for the cashless facility (using ING Medical Card at our panel hospitals), we will pay the medical bills according to the plan you have purchased, without you having to make payment first. For non-cashless facility, you settle the medical expenses first, and submit for reimbursement later.

Escalating costs? No worries, UL MediPlus will be there for you. Know more

ING Medical Insurance Premium

Fulfilling Your Total Healthcare Needs
Imagine having a medical plan that guarantees hospital admission and takes care of your medical bills upon discharge at our panel hospitals. This is what the ING MediPlus¹ (IMPlus) Insurance can do for you. With absolute convenience and hassle free hospitalization, you now have the comfort and peace of mind to focus on what is more important-your health.
With ING MediPlus Insurance, you are covered worldwide 24 hours a day. You need not worry about funding for healthcare costs or it being a burden on yourself and your loved ones. It is designed to give you maximum protection, flexibility and convenience at minimum cost. All you have to do is select from a choice of three IMPlus plans that suit your needs and let it work for you. Know more

ING Group

Banking – Investment – Life Insurance – Retirement Services
ING is a global financial services company providing banking, investments, life insurance and retirement services. We serve more than 85 million customers in Europe, the United States, Canada, Latin America, Asia and Australia. We draw on our experience and expertise, our commitment to excellent service and our global scale to meet the needs of broad customer base, comprising individuals, families, small businesses, large corporations, institutions and governments. Based on market capitalization (as of 7 July 2008), ING is one of the 20 largest financial institutions worldwide. ING Group is rated AA- (S&P’s rating was last updated on 21 October 2008) and Aa3 (Moody’s rating was last updated on 21 October 2008).

ING Investment Management
ING Investment Management (ING IM) is the asset manager of ING Group with globally more than total AuM US$525 billion (as of 30 September 2008). More than 900 investment professionals across
the globe.

Local presence in all major financial centres, offices in over 35 markets.
Top 20 Global Asset Manager (IPE, July/August 2008).
Manage over 600 mutual (unit trust) funds globally.

Clients and Products
More than 600 ING mutual funds globally are sold through various distribution channels
Professional client services
Innovation
Proven capability to offer clients global expertise and products on their doorstep Among the first to introduce global sector funds, dynamic capital guaranteed and high dividend strategies Among the first to offer strategic asset allocation advice to institutional clients

Experience
Investment heritage going back to 1845 Long-term experience in equity, fixed income, real estate and derivatives investments

Extensive asset liability management expertise
A full understanding of distribution – extensive experience servicing ING captive channels allocation advise to institutional

ING Investment Management Asia Pacific Global Business, strong local presence & expertise

ING Home Insurance

householder & Content Insurance

Insurance For Residential Property
There are three types of policies that you can purchase to protect your home and its contents.

Basic Fire Policy
This policy provides coverage for building and/or the contents and it covers loss or damage caused by fire, lightning or explosion by gas used for domestic purposes.

House Owner Policy
This policy provides you with coverage for your building only and it covers loss or damage caused by fire, lightning or explosion caused by gas used for domestic purposes including flood, bursting of water pipes/tanks, aircraft damage, storm, earthquake and theft.

House Holder policy
This policy provides you with coverage for your household contents only and it covers loss or damage caused by fire, lightning or explosion caused by gas used for domestic purposes including flood, bursting of water pipes/tanks, aircraft damage, storm, earthquake and theft.

It is advisable to insure your residential buildings under the Houseowner policy and your household contents in the Householder policy.

If your property (buildings) is under financing, you will be requested to take up a Houseowner policy and beside this policy, the financier will also required you to take up a mortgage reducing term assurance (MRTA) policy to cover the financier interest. For more information on the MRTA policy, you will need to refer from our Mortgage Division.

Important points to note when buying insurance for your property applicable to Fire and Houseowner/Householder insurance:

House Owner
• Insured value - You are to ensure that your property is adequately insured at all times, taking into account the renovations and enhancements made to your property. The sum insured should cover the cost or rebuilding your property in the event of loss/damage.

If your property is under financing, you should ensure that the financier has taken adequate cover. In normal circumstances, the coverage arranged by the financier will be for the amount of loan taken. You may, therefore, want to take up a separate insurance cover for the balance of the amount.

For contents, ING pay the value of a brand new item under reinstatement basis or on a depreciated value of item lost under the replacement basis.

• Strata-titled properties
- Master policy and individual certificate of insurance
If you own a strata-titled property, e.g. an apartment, the company managing your apartment (known as Management corporation (MC)) is required to take up insurance under a master policy. You must ensure that you get a copy of your individual certificate of insurance for your property to check the coverage taken up under the master policy by your MC.

- Property under financing
If your apartment is under financing, the financier may require you to purchase another houseowner policy to cover the loan taken. This will result in double-insurance. However, if your property is financed by a bank or finance company under the supervision of Bank Negara Malaysia (BNM), it has been agreed that your financier will not require you to purchase another insurance policy but it will accept the insurance policy purchased by the MC as evidence of insurance for your unit. However, the MC needs to comply with the terms and conditions required by the lending institution e.g. the insurance covers the minimum risks such as fire, subsidence and landslip.

ING House Holder policy (inclusive of the All Risks policy)
• Basis of compensation - You should decide on the basis of compensation of your householder policy, whether it is on reinstatement or replacement value. You will be compensated with the value of a brand new item under reinstatement basis but on the depreciated value of item lost under replacement basis.

• Specific declaration of each item You must specifically declare each item to be insured under the policy to ensure that you get the full compensation in the event of loss/damage. It is advisable to also keep receipts of items insured, if available.

Duty of disclosure - You should disclose fully all material facts in the proposal form. When in doubt as to whether a fact is relevant or not, it is best to ask ING or its agent. If you fail to disclose any material fact, ING may refuse to pay your claim.

Premiums - The pricing for the premiums computation will have to depend on the type of policy selected, the charges is in accordance with the Revised Fire Tariff governed by PIAM (Persatuan Insurans Am Malaysia). The rating is based on the type of building and construction materials used.

Coverage
This package is specially designed to take care of all the insured’s needs within one policy.

Section 1 HOUSE OWNERS INSURANCE Covers the Insured Private Dwellings (buildings) against loss or damage by the following perils (Standard Coverage):

- Fire and lightning
- Explosion
- Impact by aircraft or third party road vehicles
- Theft evidence of forcible and violent entry or exit has to be proven
- Bursting or overflowing of domestic water tanks, apparatus or pipes
- Storm, earthquake and flood

Additional Perils (if required, additional charges will be imposed) . They are:

- Riot, strike and malicious damage
- Subsidence and Landslip
- Alteration and Repair Clause

Section 2 HOUSE HOLDERS INSURANCE Covers the insured contents in his/her house against loss or damage by perils similar to the Houseowners insurance.

Section 3 ALL RISKS INSURANCE Covers the insured jewellery and valuables against fire, theft and accidental loss or damage both in the home and elsewhere in Malaysia and Singapore. Temporary visits overseas are also covered.

Purchase receipts and/or other means of establishing value documents are required to be submitted before cover commence.

The following ARE NOT covered:
• Wear and tear, depreciation, gradual deterioration, loss or damage caused by moth, vermin or from any process of cleaning or restoring any articles.
• War, civil commotion and radioactivity.
• Confiscation or detention by customs or other official authorities.
• Mechanical & electrical derangement, scratching, breakage of lenses or glass.

Note:
a. Handphones, laptop, notebooks and watches are excluded unless approved by the Company.
b. To provide list of valuables insured together with the purchase receipts/invoices or other means of documents to establish the values before cover commences.
c. Maximum acceptance is RM50,000 with limit of RM5,000 per item provided a list of the valuables is declared.

Acceptance of this ING Personal Package is based on the building construction of Class 1A, 1B and 2 only.

Definition of building construction:

Class Walls Roof

1A Bricks/Concrete Tiles/Concrete/Zinc/Asbestos

1B Partly Bricks/Concrete with Zinc/Metal Tiles/Concrete/Zinc/Asbestos

2 Partly Bricks/Concrete with Timber Tiles/Zinc/Asbestos

Section 4 PERSONAL LIABILITY INSURANCE Covers the insured and the insureds family living with you against claims for personal negligence committed in Malaysia or Singapore, e.g. causing an accident whilst cycling, playing games or due to defects in your dwelling.

Jurisdiction: Malaysia & Singapore

Additional Golfers Extensions: Cover the insured and/or the insureds spouse against any misfortune or accident whilst at any golf course in Malaysia and Singapore. In addition, the following are included:
- Loss or damage to golfing equipment/golf clubs not exceeding RM4,000.00
- Loss or damage to personal effects not exceeding RM1,000.00
- Hole-in-one award of RM1,000.00

ING 1Home Contents Package

Section 1 HOME CONTENTS

This is an annual policy that provides cover for your household goods and personal effect against the following perils:
- Fire and lightning
- Domestic explosion
- Impact by aircraft or third party road vehicles
- Theft accompanied by actual forcible and violent breaking into or out of a building
- Bursting or overflowing of domestic water tanks, apparatus or pipes
- Windstorm, hurricane, cyclone, typhoon
- Earthquake, volcanic eruption
- Flood
- Riot, strike and malicious damage
- Landslide and subsidence

You are also covered:
1. Property temporary removed from the house but within Malaysia up to 15% of the total sum insured.
2. Fatal injury by fire or thieves up to RM10,000.
3. Damage to mirrors up to RM500
4. Servants property (clothing & personal effects other than cash, currency notes, bank notes and stamps) whilst in the house up to 5% of the total sum insured.
5. Loss of rent or rental incurred caused by the insured perils up to 10% of total sum insured.
6. Liability to the public up to RM50,000

Section 2 EXTRA BENEFITS

1. Cash at Home - ING shall indemnify you against loss of cash at home due to the Insured Perils covered under Section 1.

2. ATM Cash - ING shall indemnify you against loss of cash as a result of ATM withdrawal, under threat by burglar following a break-in to the house.

3. Cash Relief Fund - ING will pay the Insured a lump sum payment for all losses suffered as a result of snatch theft and the claim under this benefit is limited to one (1) claim per policy period.

4. 24 hrs worldwide Personal Accident cover - Accidental Death - this benefit is payable upon the death of the Insured as a result of an accident and which occurs within 90 days from the date of accident. Medical Reimbursement- ING will reimburse for all the medical expense incur as a result of bodily injury caused by accident.

5. Personal Liability - ING shall indemnify the Insured against all legal liability to the public in respect of property damage or bodily injury.

Major Exclusions Which Are Strictly Not Covered: War, invasion, mutiny, rebellion, martial law risks, pollution, contamination or ironizing radiations risks Nuclear weapons risks and act of terrorism.

Online Applications Available!
1 Hours Pre-Assessment & 3 Working Days to get Letter Of Offer*

ING Home Loan-Mortgage Agents Malaysia 4.85% Fixed Rate For Life! No BLR, No worries!
Call or sms Contact and Loan Amount to
+6012 233 8369 or +6012 207 5570
apply@inghomeloan.info

How to Get ING Home Loans Fixed Rate ?

Frequently Asked Questions

Q : How long to take for processing my application?
A : Pre-assessment is 1 Hour & 3 working days with completed documents.

Q : I am interested in a property that is outside the Klang Valley/Selangor. Is it eligible under ING Home Loan?
A : ING Home Loan is able to finance residential properties in selected locations in Malaysia. It is preferred that these properties are in selected areas of Klang Valley, Ipoh, Penang, Seremban, Malacca, Johor Bahru, Kuching and Kota Kinabalu.

Q : What margin of finance is available?
A :
i. Completed Under construction
ii. Landed properties ie.terrace house, bungalows, etc. Up to 90% * Up to 90% *
iii. Non landed properties ie. Condominiums, apartments, etc. Up to 90% * Up to 80% *
* Subject to fulfilment of credit underwriting guidelines

Q : How much is the loan processing fee?
A : This is waived for all loan applications.

Q : Is there a minimum loan sum? Please clarify.
A : Minimum loan sum for each application is currently RM100,000. The minimum open market value of the property to be financed must be at least RM125,000.
A : Minimum loan sum for each special package is RM200,000.

Q : Is ING Home Loan a special “package” for agents / policyholders?
A : No. It is available to all who are eligible. The applicant need not be a policyholder/agent to qualify.

Q : What is the ING Home Loan all about?
A : It is a fixed Rate Housing Loan provided by ING Insurance Berhad. The interest rate is truly fixed for the whole duration of the loan.

Q : How can I benefit from it?
A : ING Home Loan can be used to part finance purchase of a completed or under construction residential property. You can also use ING Home Loan to refinance your existing housing loan from any financial institution.

Q : How does refinancing work?
A : You have an existing housing loan with another financial institution. We are able to extend a loan of up to 90% of the property’s open market value to firstly, settle all outstanding amount with the said financial institution, and thereafter, the balance (if any) will be given to you for renovation, children’s education, etc.

Q : What type of property must I have? Is it applicable for uncompleted properties?
A : We are able to finance all types of residential properties. The property may be completed or even under construction (as per ING’s list). Please call 012 233 8369 for details of the under construction list.

Q : What interest rate is applicable?
A : The interest rate can be as low as 5.75% per annum, depending on the type of property, location, construction risk and whether fees are borne by the customer. Please call 012 233 8369 for the latest interest rate.

Q : How do I qualify?
A : The general guideline is the installment must be within 50% of your monthly income.

Q : What is the installment like?
A : It is dependent upon the loan amount, loan tenure and interest rates.

Q : What do you mean by fixed rate?
A : It means that the interest rate charged on your loan will not change over the duration of the loan.

Q : How many years can I borrow?
A : As long as 30 years or up to age 65 on loan maturity whichever is earlier. The average age of the applicants servicing the loan is taken for applications with more than one applicant.

Q : Do I need to purchase any insurance?
A : As part of the loan requirement, the applicant will have to purchase ING’s Group Mortgage Decreasing Term Assurance (MDTA) or the ING Life policy that matches the loan. In addition, the property must be protected by ING’s Houseowners Insurance.

Q : What are these two insurances?
A : The ING Group Mortgage Decreasing Term Assurance (MDTA) is a policy that pays off the outstanding principal loan in the unfortunate event of death or total permanent disability. This policy ensures your family will not be left to shoulder the burden of servicing the loan repayments. You only pay the premium once before the loan is released.

Our Houseowner Policy protects your home from fire and other perils. You may also choose to insure the household contents under our Householder’s Insurance available at competitive rates.

Q : What is the premium for the MDTA / MRTA ?
A : It is dependent upon the loan amount, loan tenure, construction period and interest rate, age and health condition of the applicant(s).

Q : Tell me more about the life policy.
A : You may take up ING’s life or term policy that covers death and total permanent disability. The policy must be absolutely assigned to us and at least match the loan amount, loan term and construction period.

Q : What about prepayment?
A : Prepayment in part or in whole is permitted at any time during the duration of the loan. However prepayment in whole (full settlement) as a result of refinancing before the first five years from the first disbursement of the loan is subject to a penalty of 0.35% per annum on the amount prepaid and the remaining loan term. Thereafter, no penalty is charged. Refinancing is an act of transferring your loan out of ING to another institution.

Q : Will I receive any rebate should I prepay?
A : There is no physical refund as “rebate” is given to the borrower in the form of reduced interest costs. After the required notice given, interest on the loan will be recalculated on the following month based on the reduced loan balance, which translates to a shorter loan period since monthly loan installments remain the same after prepayment.

Q : What about legal fees?
A : The applicant has a choice of paying all legal fees and charges incurred for the loan documentation or allowing ING to pay. Should ING bear the legal fees and charges incurred for the loan documentation as well as the valuation report fee, an additional 0.4% per annum is added to the prevailing interest rate.

Q : Can I appoint my own lawyers?
A : The lawyers must be those within the Mortgage Division’s panel of lawyers to handle the loan documentation. There is no restriction on the lawyers for the sale & purchase agreement.

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