Math, asked by sundarsmarumugam, 2 months ago

what is sum assured?

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Answered by arbgamer001

Answer:

Sum assured is a pre-decided amount that the insurance company pays to the policyholder when the insured event takes place. For example, when you buy a life insurance policy, the insurer guarantees to pay a sum assured to the nominee in case of the insured person's demise.

Answered by cutegirlanu

Answer:

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