What is Sum Insured?
'Sum Insured' is the maximum amount that an insurance company will pay out in the event of a claim.
For example, in case of Motor Insurance, Value of the vehicle is the Sum Insured.
Wednesday, February 16, 2011
What is Sum Insured?
What is Sum Insured?
'Sum Insured' is the maximum amount that an insurance company will pay out in the event of a claim.
For example, in case of Motor Insurance, Value of the vehicle is the Sum Insured.
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