Can anyone please enlighten me more about the life insurance scheme of Bajaj Allianz?

It seems we have to pay lumpsum Rs.12000/- p.a.for 3 years.
As soon as you pay the first 12000/-, you can either choose if you want to take a insurance plan or to buy products.
The insurance policy is for 20 years.
For accidental death you get so much of Rs. &
For natural death you get so much…
If you wish to back out, after 3 years you can even withdraw it. You will get it with interest.
The co. invests your money in mutual funds & after 20 years they pay you depending upon the return of investments.
The other part is the business plan which is optional.
You have to make 2 members under you i.e.A & B. Then they have to again make 2 members & so on.
As the branch starts expanding, you are paid some 1000 Rs. per head…

Many people are taking this policy. I am also interested in taking but before that I want to know the full details of this scheme, the pros & cons etc.