ULIP mis-selling: Is ULIP a good investment or a mis-sold product?
Unit Linked Insurance Plans (ULIPs) are marketed as an attractive blend of life insurance and investment. While ULIPs are intended to provide the dual benefit of insurance coverage and market-linked returns, they have gained notoriety for being mis-sold, often leading investors into unfavourable financial outcomes. The sale of ULIPs by banks has raised concerns due […]