Worst Experience ever.I bought this policy in 2009 and I think this is worst financial decision I have made.
After paying 36000/- annual for 4 year, @ the end of third year, I was paid Rs 4000 as bonus of last 3 years.(I was promised 10 percent returns;()
I can not surrender the policy. If I surrender I will be getting only 20, 000(I have paid them 144000).
Max tells me that I will get only 30 pc pf premium and that is also excluding first premium(dont pay interest, at least return what I have paid).
My suggestion dont go for it.
One advise for Axis Bank: U have lost one of ur customer for life time by selling this policy to me.