1> Can I have multiple Term Policies in different companies and in case of my death….will my nominee can claim for all the term plans to different Companies and whether nominee will get benefit for all of the term policies?
2> If the above is possible then….is it good idea of having 4 term plans of 50 Lakhs means total coverage 4 x 50 Lakhs = 2 Cr or 2 term plans of 1 Cr means total coverage 2 x 1 Cr = 2 Cr ?