Policy buyers should always understand the purpose of buying life insurance. There are many agents, brokers and even bank staff who sell life insurance policies intending to help buyers choose suitable policies for themselves as per their need, want and lifestyle changes.
However, there are also some agents, brokers and bank managers who try to sell life insurance by misrepresenting the facts and features of a policy. Therefore, buyers should always be aware of the facts and ways in which the policy is mis-sold to them.
