I have joined in Metlife pension plan regular to get 25000 per month from them after my retirement. After paying 2 premium they changed thier policy stating that 25, 000 per month is not guranteed. I could withdraw 1/3rd of the amount balance( after deducting almost 50% in various names) and balance I can deposit in thier pension scheme to get pension, whcih will be based on the premium at that time.
Finally I decided to withdraw from the plan after 3 years of payment about 3.5 Lkahs and the balance is only 75, 000 and I lost 2.5 Lkahs for nothing. It was not share based plan but regular plan. I advice that do not fall prey to the new insurance companies, they are formed to cheat.