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There isn't a limit to how many policies one person may have. I have seen people have more than 10 policies. There are limits however on how much life insurance you can get.
The limit is not as much in the number of policies as the total amount of coverage. Most maximum amounts are based on income replacement.
What else can I help you with?
Life insurance agent?
A life insurance agent is the person who knows about the various life insurance policies and explains them to potential clients. The agent is the person who sells you life insurance.
Can you write your own life insurance policy as a life insurance agent?
Yes you can. As an agent, you are allowed to write your own policies.
What do you call the person who buys insurance policies?
people from all walks of life (the insured)
How many policies issued by the reliance life insurance?
how many policies issued by reliance life insurance
What is the term used when buying a life insurance policy owned by another person?
Trading in policies.
What products does Prudential life insurance offer?
Prudential offers a variety of life insurance policies. Some of the different life insurance policies that they offer are Term Life Insurance, Universal Life Insurance, Variable Life Insurance&as well as Survivorship Life Insurance. bAlong with these different types of policies they also offer retirement planning, annuities and long term care insurance.
How does a Universal Life Insurance Policy work?
Universal Life Insurance Policies work by giving death benefits when one dies. Unlike other life insurance policies, universal life insurance policies generate interest over time.
How do we increase the amount on our policy for life insurance with your company?
You can opt for another policy as increase in amount of a life insurance policy is not allowed, though there is option for reduction in sum insured in few policies.
Does foremost insurance company offers commercial policies?
iThe Commercial policies are offered by General Insurance companies, whereas life policies are issued by Life Insurance companies
What are the types of life insurance policies in India?
Some types of policies are: # Pure term life insurance # Endownment # Whole life # Money back # Unit Linked Insurance Policies # etc...
How old can a parent be for a person to get life insurance on them?
Assuming the parent is an adult, most life insurance companies will issue policies on someone as old as age 75-80.
What policies are offered by General American Life Insurance?
There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.
