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Thread: Replace Old LIC policies with ULIPs?

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  1. #1
    PolicyWala Newbie
    Join Date
    Aug 2009
    Location
    India
    Posts
    11

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    Quote Originally Posted by Federer View Post
    I am 30 years old and working with Pvt. Organisation for 10 years now. During initial years of my career I have bought 10 different LIC policies that I now want to replace. Is it possible to do that? Is it a good move?
    It is not a good move. If you buy any policy the premium charged would be high. If you are facing any problem in premium payment and managing it. Do it online. I would suggest you keep all the policies and buy more if you think cover is less..

  2. #2
    PW Stalwart v.r.s.nathan's Avatar
    Join Date
    Apr 2009
    Location
    Nagpur
    Posts
    250

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    I am agree with Most. Please buy more policies and keep the old policies as it is.

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