Term insurance premium revised

Hi Everyone

I have applied for a 2cr term insurance @1100 rs per month from axis maxlife through policy bazaar. After medical examination it was reported that my bmi is high due to 3 kgs overweight and my hba1c level is 6.3 They have revised my premium to 2000 rs per month.

I consulted my doctor and done sugar test which came normal and he said hba1 c level can be brought down by lifestyle changes with proper diet and reducing bmi.

The policy bazaar RM said that I can apply for the policy after 6 months and they will do the medical test again and offer the premium as per the age.

When I try to cancel the policy, policy bazaar cancellation team executive is saying that even if i apply after one or two years they(all insurance companies) willbe checking the existing medical records and the same percentage of premium hike they willbe offering future as well. He suggested me instead of cancelling it choose 1cr term which is costing me 1350 per month. Should cancel the policy now or shall I go with the 1cr. Please help me with your suggestions.