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i was sold Birla Sunlife Insurance policy with the lie


06-Jun-2023 (In Recovery Law)
hi , i have hired investment advisor who sold Birla sunlife insurance policy to me where as when i was signing papers i was not told that they are forcing life insurance policy on me , i was signing papers thinking its SIP /Mutual fund like investment, Later on i realised that every year its asking for premium of 3lacs for rest of my life , i objected and asked for refund on which i was told that 2 premiums that i have already paid will be lost completely so i shoud pay 3rs premium to get my
Answers (1)

Answer #1
739 votes
Well, in case, the Investment Advisor has led you to sign for opting Insurance Policy either by misrepresenting the facts before you or under co-ercion or by suppression of facts, then considering that, you can file a case for misguiding or forcing you to execute a Contract with that Investment Advisor which is illegal in all aspects
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