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ULIP Mis-sold – Now What?

I need to know what can be done if a ULIP has been missold by a bank executive and 15 days freelook period is over…I have been sold an AVIVA policy as an One time policy, its been nearly an year…..second premium cant be paid now and value stands @ nearly 60% of the original amount.

Is there any higher authority who can be approached and any procedure to get the original money back, on the grounds of mis-selling…??

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