Statesman News Service
BHUBANESWAR, June 6: Private life coverage company, ING Vysya Life will open up 10 new subdivisions in the state this year. The projected locations include Paradip, Balasore, Bolangir, Jeypore, Angul and Keonjhar. This was informed by regional vice-president, ING Vysya Life Mister Syed Sarfraz Ahmed. Mister Ahmed, who was addressing the Press here today, said: "the blessing of coverage regulating development authorization have been sought for the projected branches. The subdivisions would be opened in two phases". At present, there are eight subdivisions functioning in the state. Talking about the enlargement plans, he informed that the company means to increase the agent strength to 6,000. On the two new merchandises launched today ING term life and ING term life plus, Mister Ahmed said: "that these term life policies are meant to supply fiscal security to the customer's household in lawsuit of the ill-timed decease of policy holders".