As now i understood the stupidity of conventioanal plans from LIC, i want to close my Jeevan Anand policy. I have put 6 installments of Rs.24907 into it. My agent told me I would get around Rs.1 Lakh if I choose to surrender the policy. Recently, I have bought a term plan from Kotak (sum assured 30 Lakhs). How will it affect when DTC comes into picture?
Should I go ahead with LIC policy closure and invest the amount in NSC/PPF/MFs for long term.
I am highly confused. Pls answer