Let me start with how I invested in insurance companies to get tax benefits. I started investing in ING and MT LF* insurance at the same time. I have put 20000 yearly in ING and 24000 in the second insurance company. I had a medical emergency situation after 5 years to withdraw money and I had applied for the withdrawal from both these insurance companies on the same day.
The second insurance company deposited the money on the 5th working day, and ING wont return the money that fast. ING will take their own sweet time to give you money back to you when u NEED it. I received the money from ING, on the 16 the working day. The service is pathetic, from ING when I compare it with the second. NEVER EVER invest in ING.... Its from my heart. Please do not fall into their false statements from agents....
About the returns, from ING the returns was so poor when I compared with the returns from the second one. ING Vysya Life Insurance, is the worst insurance company I have ever invested.
NEVER EVER invest in ING, this is from my brain.