Mis-selling of insurance products is rampant in our country. Here’s are a few thoughts to protect yourselves.
The new regulations coming into effect from September 1, 2010 in the insurance industry is most certainly a welcome change. But in the short-run, it is leading to considerable mis-selling by agents. In fact, it has become a menace that is peaking now, as the ‘D-date’ (read: Dooms-date for agents selling only ULIPs) draws to a close.
Read on at http://www.fpgindia.org/2010/08/insurance-mis-sellers.html