How to quit existing Jeevan Anand insurance & take a new term inusrance?

POSTED BY Rosmin Paul ON July 6, 2012 11:16 am ONE COMMENT

I am 28 yrs old and have been paying around Rs.32500 as annual premium for LIC Jeevan Anand since 2008 (4 premiums paid already). I have now realized that it was a costly financial mistake. I would like to stop paying premiums here and take a new term insurance. I am a Type-1 diabetic for the last 11 years and do not know which is the best Insurance policy for me given that fact that i have a illness.
Please suggest the right policy for me

One reply on this article “How to quit existing Jeevan Anand insurance & take a new term inusrance?”

  1. Dear Rosmin, Please purchase any online term plan of your choice. While providing the details, put every details of your health condition. In all probability your prem. ‘ll be hiked as the risk is higher than a normal life.

    Regarding the surrender, please contact the branch from where the policy was issued.

    Thanks

    Ashal

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