I invested in Tata AIG Invest Assure Gold in 2007. It was my mistake that I did not ready the policy document carefully. But I would like to inform (rather alert) you all that don’t ever thing that you would get your hard earned money back after 3 years locking period.
I called up their customer care and realized that their surrender charges are very high -
4th Year - 75% of fund value
5th Year - 50% of fun value.
6th Year - 0%
So you will only be able to withdraw ur money at 6th year.
Also, the HSBC Pune agent Chandan Maheshvari is a liar. He said that I would be able to withdraw money after 3 years. Now he says he is not responsible since HSBC is no longer related to AIG.
Please be careful in choosing this policy.