Term Insurance

Can I have multiple term insurance policies?

Is it allowed to have more than one term insurance policy? Will there be any issues during claim?

#term #multiple #policies

4

83 3 4 years ago

Asked by amit_patel (28 rep)

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3 Answers

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Term insurance is a must for financial security. I recommend a cover of at least 10-15 times your annual income. (Reference: 5906)

8

4 years ago

ADVISOR Ramesh Pillai (73 rep)

Is it possible to increase the cover later? I expect my salary to grow.

7

4 years ago

kavya_nair ( 41 rep)

I read somewhere that medical tests are mandatory for high coverage terms.

6

4 years ago

sneha_reddy ( 81 rep)