Don't mis-sell insurance: Chidambaram tells insurers

"In my view, the reason why insurance is stumbling in India is because of mis-selling of products and complex products.

"If you want to sell insurance to India, you must sell simple products and must make it absolutely clear to agents and other officers that they should not mis-sell," Chidambaram said.

He was inaugurating new brand of PNB Metlife following Punjab National Bank