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Thread: Is there any cap on the maximum sum assured one can take?

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    Super Moderator PolicyWala's Avatar
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    Feb 2009
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    Question Is there any cap on the maximum sum assured one can take?

    I wanted to inquire whether there is a cap on the maximum sum assured one can take while applying for a term insurance policy, having regard to one's age and Gross income per annum? If so, how is it calculated?

    Thank You.

    Via email @ Sharon C Fernandes



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