Stop misselling, says IRDA. We never got the memo, says Aegon Religare

Some things just never change. Misleading advertisements in the financial industry is an example. Saw this ad the other day.

Links to this page. Still claims 150% guaranteed returns. But they have dropped all those 7 years details.

Anyway, I did the numbers in Excel. Guess what the returns is? Less than 6%. That's right! Once the service tax is added, the returns falls further.
Any normal person who sees 150% returns and doesn't validate the claims, will fall for this. Will the insurance companies ever change?