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Split Insurances

Dear Jagoinvestor –

Is it good to split the term insurance between 2 or more than two ? There are lots of discussions
on this over various forums. Now when you’ll submit claims if something happens, you will deliver
all the originial copies to insurance company.How will that happen if you have insurance from two
companies ? You won’t get two copies of orginals ? or will you? Please clarify ?

I thought of splitting plans and now again not sure what to do?
I plan to take Kotak preferred term plan with Riders and LIC Amulya Jeevan. Along with that,
Apollo Munich Personal Accident plan OR Bajaj Allianz Personal Guard.
Require your suggestion.

Mitra. A
Kolkata

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