Myself has taken LIC amulya jeevan-1 for 25 lacs before 6 month and opted for half yearly premium.
Recently LIC has reduced its premium for offline & the newly introduced online term policy seems even cheaper.so I have a thought that – is it possible to convert the existing policy to the new one? Or can I take a fresh policy instead of existing one?
Is there any issue for me take fresh policy as I have one already but I am not going to continue the old one.
Pls help out and clarify the things