Site icon Jagoinvestor

How many life insurances can be claimed?

Hi,

How many insurance claim can be made simultaniously?

I was forced to go for a SBI policy on availing HL with them. With this I have a SBI smart shield term insurance with sum assured = 36L. But, I would like to have a LIC term insurance having sum assured > 60L as LIC has better claim ratio. If in case of unfortunate event (example : death/permanent disability), is this legal to go for submitting claim for both the policies?

Thanks,

Dinesh

Exit mobile version