I have applied for a loan of 19 lakhs for 25 years from LIC under Griha Prakash Scheme @ 10.10% interest. I have an equated EMI of Rs 17,400 per month. Now, when my loan is sanctioned the sales head of LIC is forcing me to buy LIC policy (Term Plan) saying it is compulsory. Please let me know is it necessary to buy this or he is just trying to sell his product.