A Comprehensive Analysis of ULIPs Mis-Selling Practices and How to be Cautious
In recent years, concerns over the mis-selling of financial products have intensified, with Unit-Linked Insurance Plans (ULIPs) emerging as a prime example of this phenomenon. Financial institutions, particularly banks, have been known to market ULIPs in ways that often mislead customers regarding their true benefits and suitability. The practice of mis-selling—selling a product that does …