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The term ING is an abbreviation of international Netherlands group. ING direct is the name given to branchless direct banking which is operated by ING group, and offer a wide range of protection insurance in the UK.
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ING group is one of the twenty biggest institutions in the world that is providing various financial services. Coming to ING direct it is regulated by the Dutch bank and is a limited liability company. Over the years, it has gained the trust of customers and has become largest financial company in the world by revenue. It offers services like banking savings account, deals in mortgages and home insurance.
About ING Direct Mortgage Insurance Cover
ING USA was established in UK in 2003. With over 23 million people saving their money worldwide in ING direct, about 1 million are from UK. The head offices of ING direct are in reading and Cardiff. It is operating in countries like Canada, France, Germany, Italy, United Kingdom, Australia, Austria and United States.
Types of ING Mortgage Protection
ING offers best financial services to its customers. In order to take proper care of its customers ING has offered many types of life insurances. The customer can pick any according to his requirement. The different types of life insurance provided by ING are Term Life, universal Life, Survivorship Universal Life, Indexed Universal Life and Variable Universal Life. The first type term life is a basic model of insurance which is the most affordable and provides you benefit of pure death benefit protection. It means that you will get a fixed amount of death benefit over a specified period of time. Universal life provides benefits for goals which are spread for larder period like college funding etc. it has the advantage of flexible premium payments. These can be paid in advance, in any amount and at any time you want. Other than these life insurance policies the company offer some other types of mortgage polices as well, like, home insurance, fixed-rate mortgages, variable-rate mortgages and tracker mortgages. The company reputation is so good and has the confidence of people around the world.
Rivals
Competitors include online startups such as TheIdol.com who offer a range of mortgage protection insurance.
Review of ING Mortgage Insurance
You can find many reviews about ING direct at this link: review ING. The reviews are mixed as some have ranked it as good and others have ranked as average. Some of the products offered by the company are very good, so it is worth your time to have a look at the policies offered by the company before making the final decision.
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