I am Siddharth Mirani here working in a private company in Mumbai . My parents who are senior citizen were fooled by an agent by giving the fake stories of 16 % returns . However post when we checked the policy value has become half the amount because of the charges they impose every year also they have a surrender charges of 50000 INR . Now that we are stuck I have approached each and every official from Mr. Amitabh Verma to Vikas seth however non of the guys had a lil bit amount of shame to meet and discuss the issue. Even the branch officials support the agents as she is some dear MDRT advisor which gives them 20 lakhs of premium every year after fooling people.
My advice to each and everyone dont waster your money in this useless company, if you really want insurance take a simple term plan and invest your money in fixed deposits that will give you’ll more returns post IT deductions of 30% also . These guys have made some 10-12 funds and your money is put into that and then till 5 years u keep paying them post that also your money will be negative .
If you really love your work and earn it by really by working hard then dont waste on these fools rather than letter getting tensed and depressed due to these fools
Good luck !! Hope youll consider this advice and dont trust these fools
Regards,
Siddharth Mirani