Can we have 2 term insurance like one from company and one personal?
Shailesh Kumar, Co-founder, Insurance Samadhan
Answered on October 20,2021
Answered on October 20,2021
Dear
Yes you can take multiple covers but ensure that all previous policies are declared to new insurer else it will be called moral hazard .
Cover under Term Insurance is calculated on the basis of age of insured , education and income generating capacity .
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