Dear Sir/Madam,
Hi this is satheesh korada, At the time of taken the policy of Elite advance policy number of[protected].The below mentioned policy details are explained by your authorized agency and conveyed me by them with reference to the below mentioned policy details. But now your customer representative is telling that the below mentioned details are not considerable. So Please clarify my issue with respect to your agent provided details or cancel my policy and returned my entire policy paid amount if the agent provided details are fake and those will be only tempting for taking policy only as u considered.
Details provided by your authorized agency representative
BHARTI AXA LIFE
Plan name - Elite Advantage
Policy term - 12 years
Premium paying term - 12 years
Supposed to u investment per annum 1, 00, 000/-
Investment on 12 year - 12, 00, 000/-
Calculation of Returns
Sum assured -11, 70, 412/-
90% of paid premium -10, 80, 000/-
5% Of Sum assured Of 8 year - 4, 68, 164/-
1) After 12year you will get 1170412 + 1080000 + 468164
= 12th Maturity 27, 18, 576/-
Guaranteed returns
2) Life insurance coverage -
11, 70, 412/- For 12 year
3) 12th Year To 19th you Will get Payout Per Year 1, 11, 189/- For 8 year
4) Tax benefits u/s 80C, 80CCC, 10(10D), 80D
5)After 12years u will get pension per annum 2, 99, 043/-Up to Age 99 years
6) GST discount - 1st year 4.5 % N 2nd year onward 2.25%
7) IRR is 11.33% it's highly return in this plan
8) Additional reversionary bonus per annum 2.1% on urs sum assured
Thanks and Regards
K.Satheesh
[protected]
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