Included with no extra premium, where approved, for eligible policies. Allows prepayment of a portion of the death benefit if the insured is terminally ill with a life expectancy of 12 months or less.
The policy owner can request payment of up to 25% of the eligible death benefit, not to exceed $250,000. Please call or email for details.
Conversion Option:
Included with no extra premium. The policy may be converted to select cash value policies issued by an ING Life Insurance Company, without evidence of insurability during the guarantee period of the policy, not to exceed age 75 (age 80 for ING ROP Term).
Optional Term Life Product Features
Waiver of Premium:
Available with extra premium. In the event of the total disability before the insured's age 60 and after a waiting period of six months, premiums will be waived retroactively from the beginning of the disability. Premiums will continue to be waived for the duration of the total disability.
The maximum face amount for a policy with this rider is $5,000,000. Issue ages are 18-55. Expires on the policy anniversary nearest the insured's 60th birthday. Please email or call for details and premium rates.
Accidental Death Benefit:
Available with extra premium. Pays in addition to the base policy death benefit in the event of the accidental death of the insured. Benefit amount is up to the face amount of the base policy or a maximum of $300,000 on any one life (includes any ADB already in force). Issue ages are 18-60. Expires on the policy anniversary nearest the insured's 65th birthday. Please email or call for details or premium rates.
Children's Term Insurance:
Available with extra premium. Provides level term insurance on each insured child to age 25. Each unit provides $1,000 in death benefit for each insured child. A minimum of 2 units and a maximum of 10 units are available. Cost per unit is $6.00 annually ($12.00 annually for ING ROP Term), regardless of the number of children covered.
Parent issue ages are 18-60 and child issue ages are 15 days to 18 years. Expires on the earlier of the insured's death, at the insured's age 65 or when the youngest child reaches age 25. Conversion is available. Please call or email for details.
Other Information
Legal Information
ING TermSmart, Policy Form Number 1177R, varies by state and may not be available in every state; and ING Return of Premium Term, Policy Form Number 1309 11/06, varies by state and may not be available in every state, are issued by ReliaStar Life Insurance Company, a member of the ING family of companies. All guarantees are based on the financial strength and claims paying ability of ReliaStar Life Insurance Company, who is solely responsible for the obligations under its own policies. ReliaStar Life Insurance Company is a member of ING.
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