Hello,
I have a terminsurance of 50 lakh from HDFC.Recently I applied for a 2CR cover term plan from AIVA.I was told by the AVIVA that based on my income I can only take cover worth 1.5Cr.Hence I have applied for 1.5Cr.I have given the details of the 50 lak cover to AVIVA.Can I continue the HDFC term plan of 50 lakh cover.Is there any problem in claim if some one takes more cover as compared to his earning.Please advice.
Regards
Gourav