POSTED BY November 2, 2010 12:42 pm COMMENTS (4)ON
I read that “As per the rule of insurance , Life Insurance is not some thing which one should use as a tool to make money , So a person should not be insured for more amount he deserves , A normal person with insurance requirement of X can not take 10X insurance cover”.
How does an Insurance Company calculate the maximum insurance limit of an individual. Is there any global formula or the calculation varies bewtween different insurance providers?
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