Bajaj Allianz iGain II Policy: Surrender Charges & Summary

This is part IV of Bajaj Allianz iGain II Policy Review. Please read Part III Bajaj Allianz iGain II Policy: Charges of Policy, before reading this article.
What are the surrender charges or withdrawal options in Bajaj Allianz iGain II Policy?
If you want to exit before 3 years, 25% of first years' Annualized Premium will be gone.
4th year 17%, 5th year withdrawal will take away 12% and after 6 years there are NIL surrender charges. However, please note that by the 6th year, you would have paid a lot of other charges as listed above.
Final Thoughts about Bajaj Allianz iGain II Policy?
Overall, this is a typical ULIP, and the kind of charge structure they have, it will not be easy for investors to udnerstand the charges easily. In my personal opinions, Insurance and Investment should not be combined. You try to get mix of both and unfortunately, both are inadequate. Everything is linekd to market returns and the returns of the funds/instruments where your money is placed. Whether the returns are positive or not, the charges are taken by the company.
You can make assumptions about what will finally come out (some illustrations are provided on the official site as well, like the image above at 6% and 10%), but nobody is in control of what effective return you will get.