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Is it possible to have multiple term life insurance as salary increases and if yes then is it possible to claim from all if something happens ?
Is it possible to have multiple term life insurance as salary increases and if yes then is it possible to claim from all if something happens ?
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Shailesh Kumar, Co-founder, Insurance Samadhan 
Answered on April 17,2022
Yes , one can have multiple insurances and all claims are payable . Please ensure that all insurances policies are declared when applying for new . Even declare the policies which are discontinued or not taken.
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