The Bajaj Allianz Insurance agent informed that if I pay three installments for the first three years for unit linked plan, it would take care of future installments. Accordingly I had taken two policies one for Rs 30000 and the other Rs 20000 premium per year. I paid RS 1,50,000/- in three years commencing March 2006, there after stopped payment as per original advice of the agent. Today the Policies are as good as dead.The amount has gone down the drain. One should be wary of such Insurance Policies and agents.