I think the same. and Pl. get yourself educated not only with ULIPS but also with other products like MFs and others, so no one will cheat you. Buy products from those agents whom you know and who are responsible.
I dont understand one thing, how come bank employees and stock broker employees allowed to distribute products, if they are not amfi / irda certified.
Also I do think this 15 days period is too less, because 90% well educated, internet savvy people are facing so much problems. May be lowest premium allocation charge ulips wil only help.
But I wil advice you to first understand your product from agent again, find out break even. and then decide your plan.
