[ Investing in ULIPS - How Mr Singh Lost 24 Lacs ]

Let us find out how Mr Rajesh Singh (named changed) lost Rs 24 lakh (Rs 2.4 million) just like that and when he learnt about it, he felt completely infuriated, vexed, cheated and totally let down by his private banking relationship managers and sales personnel from the leading private life insurance provider from whom he bought this policy.

Read the full article at - http://in.rediff.com/money/2007/feb/02perfin.htm