Why do people in India buy insurance and then surrender midway to buy another insurance.?



I have come across large number of people who have lapsed policies and have surrender request, which they do not know how to proceed. Why??

A. Jaishankar
Life Insurance, General Insurance, Mutual Funds, NFO
Bima Bachat aur Nivesh
http://www.naymz.com/search/ashok/jaishankar/1233302

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