I am 35 years old. My annual Income is around 16 lakhs. I have 3 insurance policies- 1) LIC Jeevan Anand for Rs. 5 lakhs term 25 years. 2) LIC Money Back – Rs. 5 lakhs – term 20 years. 3) ICICI Pru Smart Kid -Rs. 5 lakhs. All the policies are taken between 7 to 10 years back. Besides, I have Group term Insurance cover for Rs. 50 lakhs from my employer. As I am planning to quit the job in another 2 years, I am planning to take a term insurance policy for Rs. 1 crore. My ICICI PRU adviser has suggested me to take ICICI Pru I protect smart. He suggested me to take 1 Crore life plus, I crore accidental cover for 40 years. In the application there is a column to provide existing policy details. My adviser says that, it is enough if I give the details of ICICI policy only and need not give the details of policies taken from LIC? Is he is correct? If I don’t give the full details will it affect, claim, if any, in future?