Dear All,
I had purchace a bharti axa life elite advantage policy on 4th sep 2020 of 50k premium for 12 years.
Mr. Rakesh vele(bharti axa agent) (0954584xxxx/750600xxxx)
Called me and explain me the plan details
So he told me you will get approx 13, 74, 625/_ on the 13th year.
Calculation is below as per rakesh vele comments:-
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Sum assured on maturity - 5, 96, 161
Min guranted surrender value- 5, 40, 000
5% on sum assured value multiple by 8 years lumpsum value- 2, 38, 464
I checked the hardcopy and I enquired about the same with bharti axa custom care then I come to know this is fraud.
Please do Not buy this policy rather to go with MF investment.
Is there any way to refund the amount , i have some evidence against him.
Thanks