You can cancel the policy anytime, no restriction on the timeline

Means he ask you to buy a new policy and you are asked not to cancel the old one otherwise he gets no commission for the new policy.

It’s not an upgrade since you didn’t upgrade it on the existing policy

You can still surrender the old policy after 4 months later since it’s after the cooling off period

if you felt that you are being misled....why not cancel both that policies taken from that agent?
if he can misled you now, can't he misled you again later on other things?

hi danny, you are free to cancel your policy anytime.
Reason being is when you get a new plan (i assume you have your new medical rider in this new plan), there is a waiting period of 120 days and 2 years incontestability. So if there is any claims need to be done, during that period of time you still can use your old policy. Most importantly you are aware of this even though you wanna go ahead surrendering the old policy.
yea, of course we do hope that it is not for marketing purpose since they release their statement. Private hospital will accept so long insurance company approve the GL. if company x approve the GL then only we find out what's the reason of declining the GL.

You can go directly to the insurance company. Your agent will be notified anyways when you go ahead with it