Hi,
I have 2 LIC policy Jeevan Shree and Jeevan Anand. I am paying a one premium per year.
Till now i have paid 7 years or premium.
Now i don’t want to continue paying premium as i am diverting the money to term insurance and PPF.
1) To make the policy as paidup policy is it ok to stop paying premiums?
2) Will get the amount paid till now + bonus occured till now during maturity?