I have already taken the LIC Jeevan Saathi (Endowment plan) 2 yrs back. It gives a coverage of Rs. 25L for the next 28 years. If I cancel this policy now, I lose about 2L that I have paid in premiums. But if I continue, I have the coverage and get about 1.75 times of the premium paid (very low returns) after 30 years.
Question is crazy: Should I lose the 2L and close the policy now or should I continue it?