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Can I have 3 life insurance policies?

This interesting question is from Insurance subject

This question was posed to me in final exam.

Other related questions to my question are:-

How many life policies can you have?

Can I have 3 life insurance policies?

Can you have as many life insurance policies as you want?

Can we claim multiple life insurance?

1 Answer

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Correct answer is: Fortunately, there are no legal limits as to how many life insurance policies you can own. However, while many life insurance companies generally have very little concern over the number of policies you own, they may look more closely at the total amount of your benefits.

The title of my answer is Owning more than one life insurance policy | Protective Life

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