POSTED BY February 16, 2014 1:54 pm COMMENTS (2)ON
I’ve taken 3 Life Insurance from LIC as below.
1. Jeevan Saral(T165) – 24500 Qtly for 20 yrs S.A – 20,00,000/-
2. Jeevan Anand(T149) – 15,237 qtly for 25 yrs SA – 15,00,000/-
3. Money Back(T75) – 16,137 Qtly – SA – 10,00,000/-
All the policies commencing from June’13. So far I’ve Paid 3 premium for all the policies. As my family(4 members) fully dependent on me(25 Yrs & single) only agent convince me to take policies like that way. Now after reading all the articles I’m confuse that if I took correct decisions. Shall I discontinue or reduce the premium? Please advice me. I went to LIC branch office before paying 3rd premium & they informed me that it’s not possible to reduce premium within a year. Please advise me on that urgently.
Thanks & regards,