Hello
Need suggestion on selection of term insurance
I am 27 and already have a lic insurance called “Jeevan Anand” of Premium 51000 yr ,but the return is very low of only 1020000 that too after 21 yrs ,planning to close it, have paid 3yrs premium , but i came to know that i will loose a good amount of money if I close the policy.
Is it possible to lower the premium of the LIC I have ?
Secondly now I am any looking for a term Insurance as they have low premium and high return
Is SBI eshield a good option , does it covers any type of death offcourse not the “suicide”
Or which Insurance will be good which cover the most type off death cause.
Regards,
Roy