POSTED BY November 6, 2014 11:17 am COMMENTS (2)ON
I have recently taken Amulya Jeevan II for a sum assured of 50 lakhs/35 years at 10k annually. I have paid it for only one year. With LIC online term policy the premium calculator shows that I can avail the policy of basic sum assured 1 Crore/35 years at 12k annually. Which is almost double sum assured with 20% more premium.
Was I duped by the LIC agent? or does Amulya Jeevan II offer some benefits that the online term policy doesn’t? Is it beneficial for me to cancel Amulya Jeevan II and opt for online term policy? Any other suggestions?
Thanks for your help.