Hi all,
I have already paid 2 premiums for a LIC insurance plan (Jeevan Bheema). Can you please tell me how to come out of this plan? I have read about making it as paid-up policy. But not very clear about it. Is it right if i stop paying the premium from 3rd year onward? Can i get the money back from LIC which I paid in 2 premiums? If i make it as paid-up, what if in future if i want to buy a good product from LIC. Will they reject my request because of my previous policy was paid-up?
Thanks,
Chetan