Come March and lots of salaried people and financial advisors or tax planners will be hunting for each other. Many people invest in insurance primarily for tax benefit.
How do you select your insurance agent? On what basis do you take a decision of buying an insurance policy of a specific company and from a specific agent?
Traditionally, we buy policies from the agent who were referred to you by your friends/relatives, or from agents who are distant family members/friends/relations or from agents who kept bugging you till you bought a policy from him.
A bad investment equivalent to financial loss. Because it is your money it is your responsibility to ensure that you’re taking advice from right people when investing it. Don’t do investments just to gain tax exemptions or to please the agent(or say to get rid of him)