Hi,
I have a LIC Jeevan Anand Policy [Table no 149] which i took in July 2005. I am paying a half yearly premium of 12787. It provides a Life cover of 5 Lakhs. and provides a lumpsum amount after 21 Years. and a life cover for lifetime.
Could you pls advise if it is better to continue the policy or surrender the policy and invest the same amount in some other area{mutual funds as i have enough life insurance(term) through aviva)
Thanks,
Viswa