Need A Financial Product Forums Insurance Is it possible to have more than one life insurance policy at the same time? Is-it-possible-to-have-more-than-one-life-insurance-policy-at-the-same-time_REPLY


Vibhuti Pal

Yes you can have more than one life insurance properly. As an example you may consider investing a long term amount of insurance for yourself and at the same time you can even take a small insurance plan among the LIC plans available if in need. However, yes if your current income status tells that you do not need so many investments at the same time, insurance companies may ask you to justify your decision of multiple policies at the same time. For this they may ask about your earnings and bank details where you have registered yourself to obtain these benefits.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.