I had purchased LIC’s Jeevan Mitra (Triple Cover Endowment Plan) which commenced from 01-04-2009. Sum Assured is Rs. 500000/- with a premium of Rs. 19433/- payable yearly and a premium paying term of 30 years.
This year (2013), I have purchased on Online term plan for Rs. 1 Cr. with a premium of about Rs. 9000/- and also have a separate Health Insurance. Given these, should I continue with LIC’s Policy or discontinue it? Please suggest.