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Hi, which ever company(insurer) issues life policy which is linked one with market conditions liable to up/Down, besides this there is a fund management charges will be deducted every year out of your investment. Your agent might have misguided that no deduction of any amount which is not hold good & valid just to sell the policy. You may refer terms & conditions of policy document in this regard. Further request for refund before maturity will be treated as surrender of policy & refund will be much less of your investment.
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+91 22 6112 0633
AEGON Religare Life Insurance Company Limited, Building No. 3, Third Floor, Unit No. 1, Nesco IT Park, Western Express Highway, Goregaon (East), Mumbai, Maharashtra, India - 400063