POSTED BY June 23, 2013 6:22 pm COMMENTS (2)ON
I have a term insurance purhcased 5 years ago from LIC for 25 lacs. Just few days ago I opted for another term insurance from private insurer for 1 crore sum assured. Now, I want to take another term plan for Rs .1 crore more. Seeing the cost of total term plan annually, I am contemplating to stop insurance cover from LIC. Would it be wise decision ?