Can I have more than one life insurance policy
You can buy more than one life insurance policy from the same insurance company, provided you have disclosed previous policy details in the proposal form. The life insurance company decides your proposal on the basis of your age, health conditions, and income to pay the life insurance policy premium without.
The most important thing to consider is an experienced life insurance agent. Having multiple life insurance policies helps the nominees in the easy claim process. The proposer should know the life insurance policy limits before applying for any new plans. The life insurance company depends on the underwriting process for the issuance of the policy. Policy premium payments would be considered with the coverage amount before issuing the policy. Before applying for multiple policies, analyze other investment options available in the market.
Can I have more than one life insurance policy from the same company?
An advisor having experience in insurance and investment products would be an idle option for you before starting any insurance or investment.
