Financial Safeguard

Insurance Mis-Selling Story

How insurance agents fool you


You may have received a call from insurance agents of some company or the other informing you of about the problems in ULIPs you might be holding. If you get convinced about the kind intentions of this gentleman, he would suggest you to get out of ULIPs and invest in endowment policies instead. If you are inquisitive enough, you would do some ground work to find out the reason for the unusual benevolence of the agent. Also, you would find out that he never told you where your money would be invested or till what time your money would be locked. After you manage to get all these information, you would realize you were basically a pray for the agent whose intention was…