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In life insurance, the concept of insurable interest is the amount of money that can be paid to an individual or group in order to cover a loss. It’s also known as the policy limit and it’s calculated by calculating the face value of a policy and comparing it with the sum insured. In short, insurable interest is how much you need to pay for coverage on your life insurance policy.
Also read to know more about Max Life Insurance: Premium Receipts, Surrender Value, Auto Pay
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download an Edelweiss Tokio life insurance policy statement, you typically need to follow the below steps.
To download a Canara HSBC OBC life insurance policy statement, you typically need to follow the below steps.
To download a Bharti AXA life insurance policy statement, you typically need to follow the below steps.
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