LOOK BEFORE YOU LEAP

Hi!
Back again...Yeah!!! So how are you people out there. Fine........Okay,its Great.
How many of you people have a Financial product say Mutual fund, Insurance policy, Equity with you? How many of you are willing to go for it?
These product help us invest for our future , making our life secured for the days to come.This is what we know about these products.. But how many of us read the offer document before buying an Insurance policy or Mutual fund. I think very few of us.
I was also one among these large community of the 'Agent Believers' when I came across this experience of the life time..

Until very recently I didn't bothered about money.. Life was Bindaas.
Travelling&Enjoying with friends had always been my favourite past time, it was only when I married a couple of months ago ( Read Love marriages in India,,Just Do it ) that I felt that I should have an investment plan for myself.. I called my Bank to know about some of their investment policies and showed interest in Investing a small part of my salary through ECS..

After few days a rep. visited my place, I was impressed by his way of handling things.
I signed the papers provided by the rep.
An MBA working in an MNC,with loads of pressure to meet the target---this has lead to this new breed of MBAs to utter all sort of lies to retain their customers. Hardly they understand the necessity and requirements of their clients, duping them of their hard earned money.

After few days I received a Parcel from a reputed Insurance company. This was a Policy document which I hadn't asked for ..I called the company only to know that I have submitted this documents with my signatures , through my Bank rep.

A one time payment of around 25000/- was also made in my name through the banks credit card, which I didn't possess.. When I called my Bank, they told me that I have opted for this policy as the bank don't have any financial product of their own and they only sell products of other companies.... This all came as a surprise to me as I wasn't ready for it.. I was not given a faintest of the idea that I am buying an Insurance policy.. I was kept in dark . How foolish I was? If I would have read the documents before signing I would have saved myself from all this.
The most important thing now, was to cancel this policy.. I mailed regarding this to the Insurance company and my bank..I got a quick response( the most beautiful thing of MNC).

I was advised of 15 days 'Free-Look period' wherein I can return the document and the contract would become Null and Void.. This is what I did.
I received a call from my bank to give my decision a second thought and they would see that I received my credit card and get the Policy back..But No Way........
I haven't received any credit card whatsoever from my bank as yet nor any mail or Alert in regards to credit card.

So, the lesson of this story is

Read all the documents carefully before signing , You never know you might end up buying something that you haven't opted for.

Take Care,
Good Bye