Hi i m 32 year old.

I am holding two lic policies

1. jeevan saral

premium 28224 per annum.

sum assured: 6 lacs

term : 30 years

Premium paid for 5 years.

2. jeevan anand

premium 10486 per annum.

sum assured: 2 lacs

term : 21 years

Premium paid for 5 years.

Background:

1 both policies taken without thinking just based on advise of agent.

2. I dont have any tax benefit as PF and tuition fee is more than  80c eligibility

3. before 1 year i have taken term insurance 1 cr Aviva online plan. this is based on blogs on jago investor. thanks to manish & team. So i dont require further insurance cover.

4 I am not in need of money.

So both policies not required to me with respect to cover and tax exemption.

I have thought to surrender both the policies and invest in MF , ppf or FD.

So please advise  whether i should hold or surrender .

I know this question asked previously also but i will be thankful if u answer based on my case.

Thanks in advance.