Dear Sir,
I am the holder LIC`s Market Plus policy without coverage. Itook this policy on Dec. It is a regular premium paying policy for 15yrs. I was informed by the Manager and DO came along with the agent, that if I want to reduce the premium and the term it is possible after one year. My next premium is due on Dec. I checked wih LIC customer service they informed me that it not possible to reduce the premium and the term of the policy.
I am reuqesting your kind advice in this matter.
Regards,
Viju
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