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Need advice on Insurance.

Sir,
1. I have a ICICI life stage assure policy for 15 yrs term and SA is 2 lakhs. I have bought this policy out of sheer ignorance and now I am repenting. I m paying Rs 35000/- per yr as premium. I want to discontinue it. I have paid 3 premiums till now. Wats ur advice?
2. Also I have LIC Jeevan Anand policy for 10 Lakhs for 20 Yrs term. I have paid 3 Premiums. Should I continue it?
3. I m serving in Army and we r already covered by Govt for Insurance for 35 lakhs…for which I m paying Rs 48000/- per year as premium. Do I need another life insurance?
Plz advice…Thanks Manish

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