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

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    Is it possible to have more than one life insurance policy at the same time?

    #47595

    Vibhuti Pal
    Member

    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.

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