I am 37 years old, ex-smoker and need suggestion on a suitable term insurance plan for sum assured of Rs 1.5 Crore for a term up-to my  attaining of 60 years of age. I have multiple insurance policies including SBI Life Smart Shield which covers my home loan (Rs 34 Lacks).

I observe that few of my current policies (e.g, SBI Life FLEXI SMART, HDFC Life Classic Assure Plan) for which I pay Rs 46K annual premium are not very rewarding. Please advise should I choose to cancel these policies and add a term insurance plan into my portfolio. As of now I have paid only two premiums for these policies.