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1. What is Sum Assured

Sum Assured Definition. Sum assured refers to the pre-decided amount payable to the policyholder or beneficiary on the occurrence of insured event. There are ...SearchCloseSearchPayOnlineBecomeAnAgentRegisterforAutoDebitSearchTermInsurancePlansTermInsurancePlansTermPlanCalculatorCriticalIllnessInsuranceTermPlanwithReturnofPremiumCovid-19InsuranceClaimSettlementRatioInvestmentPlansInvestmentPlansInvestmentCalculatorTaxCalculatorGuaranteedSavingPlansGuaranteedIncomePlansULIPPlansTaxSavingInvestmentsRetirementPlansLifeInsurancePlansLifeInsurancePlansInsuranceCalculatorOnlineInsurancePlansChildInsurancePlansNRIPlansGroupInsurancePlansHealthInsurancePlansSaralJeevanBimaBlogBlogTermInsuranceCancerInsuranceLifeInsuranceChildInsuranceTaxSavingsInvestmentsRetirementPlanningCustomerLoginCustomerLoginPayPremiumPremiumPaymentOptionsTrackApplicationClaimsCentreHelpCenterRegisterforAutoDebitCertificateofInsuranceCheckUnclaimedAmountDownloadsUpdateCreditCardDetailsAboutUsAboutUsWhyMaxLifeAwardsandAchievementsESGCSROurLeadershipMediaCenterBecomeAnAgentDiversityandInclusionCareersProtection&YouPublicDisclosuresSupplierPortalQuickLinksPayOnlineBecomeAnAgentRegisterforAutoDebitHomeBlogTermInsuranceWhatissumassured?×RecentlyViewedSecureyourfamilyagainstunexpectedsituationsGetyourfreequotewithpersonalizedfeaturesthatbestsuitsyourneedsandrequirementsGetFreeQuote—ShareShareShareShareWhatisSumAssuredKnowaboutthedifferencesbetweenthesuminsuredandsumassuredindetail.#Term-Insurance100Views83SharesWhatisSumAssured?Lifeinsuranceisoneofthemosttrustworthywaystosafeguardyourfamilyagainsttheuncertaintiesoflife.DuringthecurrentCOVID-19pandemic,morepeoplearenowthinkingaboutfinancialplanning,onepillarofwhichislifeinsurance.Source:MaxLifeIndiaProtectionQuotientExpressTogetacomprehensivelifeinsurancecoverage,itiscrucialforeveryonetounderstandtheterminologiesofinsurance.Lifeinsuranceisplannedforfinancialassistancethattakescareofyourfamily’sexpensesinyourabsence.Asapartofthepolicy,sumassuredisacrucialterm



2. SUM ASSURED在劍橋英語詞典中的解釋及翻譯

sum assured的意思、解釋及翻譯:a minimum amount that someone you have named in an insurance document will receive when you die: 。

sumassured在英語中的意思sumassurednoun[C] INSURANCEukYourbrowserdoesn'tsupportHTML5audiousYourbrowserdoesn'tsupportHTML5audiopluralsumsassuredaminimumamountthatsomeoneyouhavenamedinaninsurancedocumentwillreceivewhenyoudie:Intheeventofyourdeath,yourdependentswillreceivethesumassuredattachedtothepolicy.(sumassured在劍橋商務英語詞典中的解釋©CambridgeUniversityPress)sumassured的發音是什麼? 瀏覽sultrysumsum(sth)upsum(sth/sb)upsumassuredsumcertainsuminsuredsumoftheyears'digitsmethodsumtotal用我們的趣味配圖小測驗考考你的詞彙量{{randomImageQuizHook.copyright1}}{{randomImageQuizHook.copyright2}}圖片來源立即嘗試小測驗「每日一詞」sunshowerashortperiodofrainthatfallswhenthesunisshining關於這個部落格Inhighspiritsordowninthedumps?(Thelanguageofmoods)May26,2021查看更多新詞biofacturingMay24,2021查看更多已添加至list回到頁面頂端內容商務{{#displayLoginPopup}}CambridgeDictionary+Plus了解更多+Plus註冊免費獲取獨享內容:免費劍橋詞彙表和小測驗工具創建你自己的詞彙表和小測驗詞彙表由字典愛好者分享立即註冊或者登錄CambridgeDictionary+Plus了解更多+Plus免費創建詞彙表和小測驗立即註冊或者登錄{{/displayLoginPopup}}{{#notifications}}{{{message}}}{{#secondaryButtonUrl}}{{{secondaryButtonLabel}}}{{/secondaryButtonUrl}}{{#dismissable}}{{{closeMessage}}}{{/dismissable}}{{/notifications}}劍橋詞典+Plus我的主頁+Plus幫助退出詞典定義清晰解釋自然的書面和口頭英語英語學習詞典基礎英式英語基礎美式英語翻譯點選箭頭改變翻譯方向。

雙語詞典英語-法語法語-英語英語-德語德語-英語英語-印尼語印尼語-英語英語-義大利語義大利語-英語英語-日語日語-英語英語-波蘭語波蘭語-英語英語-葡萄牙語葡萄牙語-英語英語-西班牙語西班牙語-英語半雙語詞典荷蘭語-英語英語-阿拉伯語英語-加泰羅尼亞語英語-中文(簡體)英語-中文(繁體)英語-捷克語英語-丹麥語英語-韓語英語-馬來語英語-挪威語英語-俄語英語-泰語英語-土耳其語英語-越南語翻譯文法同義詞詞典劍橋詞典+Plus{{userName}}劍橋詞典+Plus我的主頁+Plus幫助退出登錄/註冊正體中文(繁體) ChangeEnglish(UK)English(US)EspañolEspañol(Latinoamérica)РусскийPortuguêsDeutschFrançaisItaliano中文(简体)正體中文(繁體)Polski한국어Türkçe日本語TiếngViệt關注我們!選擇一本詞典最近的詞和建議{{#preferredDictionaries}}{{name}}{{/preferredDictionaries}}定義清晰解釋自然的書面和口頭英語英語學習詞典基礎英式英語基礎美式英語文法與同義詞詞典對自然書面和口頭英語用法的解釋英語文法同義詞詞典翻譯點選箭頭改變翻譯方向。

雙語詞典英語-法語法語-英語英語-德語德語-英語英語-印尼語印尼語-英語英語-義大利語義大利語-英語英語-日語日語-英語英語-波蘭語波蘭語-英語英語-葡萄牙語葡萄牙語-英語英語-西班牙語西班牙語-英語半雙語詞典荷蘭語-英語英語-阿拉伯語英語-加泰羅尼亞語英語-中文(簡體)英



3. What is the sum assured in an insurance cover?

The sum assured depends upon the income of the person and typically a maximum of up to 10 times the annual income is allowed as the sum ...Nifty15,300.8092.35Honeywell44,173.651888.7ICICIPrudentialMidcapDirectPlan-Growth17.11%InvestNowICICIPrudentialLarge&MidCapFundDirectPla..14.92%InvestNowICICIPrudentialSmallcapFundDirectPlan-Growt..17.33%InvestNowICICIPrudentialLongTermEquityFund(TaxSavi..14.95%InvestNowICICIPrudentialBalancedAdvantageDirect-Growt..12.65%InvestNowMarketWatchSearch+HomeETPrimeMarketsNewsIndustryRISEPoliticsWealthMFTechJobsOpinionNRIPanacheETNOWMoreMediawireNewslettersAlertsE-PaperE-LearningETAlexaSkillsETintelligenceMobileETAndroidAppETiPhoneAppETiPadAppETWealthforiPadETBlackberryAppETNokiaAppETMarketsAndroidAppETMarketsiPhoneAppBrandSolutionsAnInsightintoETFsHowtheycanhelpinwealthcreationWorkingatUberETRiseTopMSMEs2.0ETCEORoundtableTheEconomicTimesDigitalPaymentsForumETMarketsConclave–CryptocurrencyReshapeTomorrowTomorrowisdifferent.Let'sreshapeittodayTomorrowMakersLet'sgetsmarteraboutmoneyCorningGorillaGlass#TougherTogetherETCampusStarsHuntforthebrightestengineersinIndiaTalkYourHeartOutMentalHealthAwarenessInitiativeNutrition&ImmunityTheDynamicDuoofaHolisticSelf-CareETIndiaInc.BoardroomETPrimeWomenLeadershipAwardsGreatManagerAwardsETEngageETSecureITTaxHowtofileITRTaxSavingITRFormsIncomeTaxRefundTaxExemptionLimitIncomeTaxSlabsSaveInvestInsureLifeInsuranceHealthInsuranceMotorInsuranceOtherRiskCoversSpendBorrowEarnPlanRealEstateRERAandYouPersonalFinanceNewsPodcastMutualFundsTomorrowMakersMoreP2PDataCenterFuelRatesDieselRatesPetrolRatesBankPanNumberBankholidaysPennyStocksMFRatings&NAVTopPerformingSchemesTopStarRatedSchemesTopTaxSavingSchemesHighestRiskAdjustedReturnNewFundOffersForthcomingDividendsNPSTopPerformingNPSSchemeMostConsistentNPSschemesETFPerfomanceLatestPricesListedBondsTradedinCashMarketULIPsULIPSchemesCalculatorsRecurringDepositCalculatorFixedDepositCalculatorLTCGTaxCalculatorIncomeTaxCalculatorRentReceiptGeneratorSIPPlannerToolIFSCBank



4. Sum assured definition and meaning

The sum assured is the amount payable on the occurrence of an event insured against under a benefit policy, such as the death of the insured. At maturity, the ...DictionaryGrammarBlogSchoolScrabbleThesaurusTranslatorQuizMoreResourcesMorefromCollinsEnglishChineseFrenchGermanHindiItalianPortugueseSpanishGrammarHomeEnglishEnglishUsageGrammarPatternsFrenchGermanItalianSpanishEnglishGrammarinHindiLanguageLoversLearningEnglishLearningFrenchLearningGermanLearningItalianLearningSpanishScrabbleHomeWordcheckerHelpToolsEnglishThesaurusWordListsAmericanThesaurusCollinsWordoftheDayPaulNobleMethodResourcesVideoPronunciationWordoftheYearAboutUsAdvertisewithusB2BPartnershipsCollinsCOBUILDCollinsELTContactUsDictionaryAPIHarperCollinsPublishersWordBanksEnglishFrenchSpanishMoredictionariesMoreHindiChineseGermanItalianPortugueseDefinitionof 'sumassured'  Share×Credits×sumassuredinInsurance(sʌməʃʊərd)Wordforms:(regularplural)sumsassurednoun(Insurance:Lifeinsurance)Thesumassuredistheamountpayableontheoccurrenceofaneventinsuredagainstunderabenefitpolicy,suchasthedeathoftheinsured.Atmaturity,theendowmentpolicyshouldrepaytheloan;iftheborrowerdiesbeforematurity,thesumassuredwillrepaytheloan.Intheeventofyourunfortunatedeathduetoanaccidentyourfamilywillreceive100percentofthesumassured.Thesumassuredistheamountpayableontheoccurrenceofaneventinsuredagainstunderabenefitpolicy,suchasthedeathoftheinsured.COBUILDKeyWordsforInsurance.Copyright©HarperCollinsPublishersYoumayalsolikeEnglishQuizConfusablesLanguageLover'sBlogTranslateyourtextPronunciationPlaylistsWordoftheday:'prisonerofconscience'NEWfromCollins!EnglishGrammarCollinsAppsNearbywordsofsumassuredSuluSeasumsumandsubstancesumassuredsuminsuredsumtotalsumupAllENGLISHwordsthatbeginwith'S'SourceDefinitionofsumassuredfromtheCollinsEnglishDictionaryNewfromCollinsQuickwordchallengeQuizReviewQuestion:1-Score:0/5who'sorwhose?Dragthecorrectanswerintothebox.whosewho'sIsawamanshoutingatadriver carwasblockingthestreet.didordone?Dragthecorrectanswerintothebo



5. Sum Assured Meaning in a Guaranteed Savings Plan

The Sum assured is the total value of the insurance policy's insurance when purchasing it. Under any circumstances, such as a death, the Sum ...HomeKnowledgeCenterBlogSumAssuredMeaninginaGuaranteedSavingsPlan"SumAssured"MeaninginaGuaranteedSavingsPlanKnowledgeCentreTeamDecember06,2020134ViewsThevalueofsavingupmoneyforthefuturehasbeenembeddedinourcultureforgenerations.Itmakesoneofthemostimportantlessonswelearnaswemoveintoworkandfamilylifetosecureourfuture.Alsoinaheadforasecureretirementwherethesavedupmoneywillbeahugeaid.Investinginyourfuturebysavingmoneycannotonlyensureafuturethatisfreeofhassleandfinancialworries,butitcanalsoprovideuswithlifelongcomfortandsecurity,especiallyinmomentsofemergency.Insimplerwords,investingismorelikesavingupforarainyday.Earlyinvestmentwillgivehigherreturnrates.Guaranteedsavingsplansareagreatwaytoinvestinyourselfandasecurefutureforyourselfandyourfamily.WhatisaGuaranteedSavingsPlan?Insimplewords,aguaranteedsavingsplanisalifeinsurancepolicythathelpsyousavemoneyandprotectyourcashreserveintimesofemergenciesforspecificgoalsormilestonesforthefuture,suchasyourchildren'shighereducation,theirweddingoranewbusiness.Oneofthemainhighlightsofaguaranteedsavingsplanisthatitguaranteespayablebenefitsuponmaturityoftheplan,providedthatyouhavepaidallthepremiums.Itisalsoareliablewaytoensureasecurefutureforyourfamilyifyou(thebeneficiary's)untimelydeathbyanymeans.Thisisespeciallyapplicabletothoseworkinginhazardousjobsorconditionswheretheriskinvolvedisveryhigh.Itishighlyadvisedforsuchworkerstoconsiderguaranteedsavingsplantoensureasafe,secureandprosperousfuturefortheirfamily.WhatarethebenefitsofaGuaranteedSavingsPlan?Asstatedearlier,theguaranteedsavingsplanisalifeinsuranceplanwhichwillallowyoutoaccumulateacashreserveforthefuture.Additionally,therearesomespecificbenefitstochoosingaguaranteedsavingsplaninsurancepolicyoverothers.Someofthemainbenefitsoftheguaranteedsavingsplanare:Itguaranteeslifecoverfortheentireplanperiodeventhoughyouonlyhavetopaypremiumsforalimitedpe



6. What is the sum assured in an insurance cover?

1. Sum assured is the value of the insurance cover provided at the time of buying the insurance policy. 2. In any case of any eventuality, ...Nifty15,300.8092.35Honeywell44,173.651888.7ICICIPrudentialMidcapDirectPlan-Growth17.11%InvestNowICICIPrudentialLarge&MidCapFundDirectPla..14.92%InvestNowICICIPrudentialSmallcapFundDirectPlan-Growt..17.33%InvestNowICICIPrudentialLongTermEquityFund(TaxSavi..14.95%InvestNowICICIPrudentialBalancedAdvantageDirect-Growt..12.65%InvestNowMarketWatchSearch+HomeETPrimeMarketsNewsIndustryRISEPoliticsWealthMFTechJobsOpinionNRIPanacheETNOWMoreMediawireNewslettersAlertsE-PaperE-LearningETAlexaSkillsETintelligenceMobileETAndroidAppETiPhoneAppETiPadAppETWealthforiPadETBlackberryAppETNokiaAppETMarketsAndroidAppETMarketsiPhoneAppBrandSolutionsAnInsightintoETFsHowtheycanhelpinwealthcreationWorkingatUberETRiseTopMSMEs2.0ETCEORoundtableTheEconomicTimesDigitalPaymentsForumETMarketsConclave–CryptocurrencyReshapeTomorrowTomorrowisdifferent.Let'sreshapeittodayTomorrowMakersLet'sgetsmarteraboutmoneyCorningGorillaGlass#TougherTogetherETCampusStarsHuntforthebrightestengineersinIndiaTalkYourHeartOutMentalHealthAwarenessInitiativeNutrition&ImmunityTheDynamicDuoofaHolisticSelf-CareETIndiaInc.BoardroomETPrimeWomenLeadershipAwardsGreatManagerAwardsETEngageETSecureITTaxHowtofileITRTaxSavingITRFormsIncomeTaxRefundTaxExemptionLimitIncomeTaxSlabsSaveInvestInsureLifeInsuranceHealthInsuranceMotorInsuranceOtherRiskCoversSpendBorrowEarnPlanRealEstateRERAandYouPersonalFinanceNewsPodcastMutualFundsTomorrowMakersMoreP2PDataCenterFuelRatesDieselRatesPetrolRatesBankPanNumberBankholidaysPennyStocksMFRatings&NAVTopPerformingSchemesTopStarRatedSchemesTopTaxSavingSchemesHighestRiskAdjustedReturnNewFundOffersForthcomingDividendsNPSTopPerformingNPSSchemeMostConsistentNPSschemesETFPerfomanceLatestPricesListedBondsTradedinCashMarketULIPsULIPSchemesCalculatorsRecurringDepositCalculatorFixedDepositCalculatorLTCGTaxCalculatorIncomeTaxCalculatorRentReceiptGeneratorSIPPlannerToolIFSCB



7. Sum Assured Meaning in a Guaranteed Savings Plan

HomeKnowledgeCenterBlogSumAssuredMeaninginaGuaranteedSavingsPlan"SumAssured"MeaninginaGuaranteedSavingsPlanKnowledgeCentreTeamDecember06,2020134ViewsThevalueofsavingupmoneyforthefuturehasbeenembeddedinourcultureforgenerations.Itmakesoneofthemostimportantlessonswelearnaswemoveintoworkandfamilylifetosecureourfuture.Alsoinaheadforasecureretirementwherethesavedupmoneywillbeahugeaid.Investinginyourfuturebysavingmoneycannotonlyensureafuturethatisfreeofhassleandfinancialworries,butitcanalsoprovideuswithlifelongcomfortandsecurity,especiallyinmomentsofemergency.Insimplerwords,investingismorelikesavingupforarainyday.Earlyinvestmentwillgivehigherreturnrates.Guaranteedsavingsplansareagreatwaytoinvestinyourselfandasecurefutureforyourselfandyourfamily.WhatisaGuaranteedSavingsPlan?Insimplewords,aguaranteedsavingsplanisalifeinsurancepolicythathelpsyousavemoneyandprotectyourcashreserveintimesofemergenciesforspecificgoalsormilestonesforthefuture,suchasyourchildren'shighereducation,theirweddingoranewbusiness.Oneofthemainhighlightsofaguaranteedsavingsplanisthatitguaranteespayablebenefitsuponmaturityoftheplan,providedthatyouhavepaidallthepremiums.Itisalsoareliablewaytoensureasecurefutureforyourfamilyifyou(thebeneficiary's)untimelydeathbyanymeans.Thisisespeciallyapplicabletothoseworkinginhazardousjobsorconditionswheretheriskinvolvedisveryhigh.Itishighlyadvisedforsuchworkerstoconsiderguaranteedsavingsplantoensureasafe,secureandprosperousfuturefortheirfamily.WhatarethebenefitsofaGuaranteedSavingsPlan?Asstatedearlier,theguaranteedsavingsplanisalifeinsuranceplanwhichwillallowyoutoaccumulateacashreserveforthefuture.Additionally,therearesomespecificbenefitstochoosingaguaranteedsavingsplaninsurancepolicyoverothers.Someofthemainbenefitsoftheguaranteedsavingsplanare:Itguaranteeslifecoverfortheentireplanperiodeventhoughyouonlyhavetopaypremiumsforalimitedperiod.Itguaranteesprotectionoflifeinsurancetothebeneficiarybymakingalumpsumupondeath.Inthisway,therewillbeenhancedprotectionforyourfamily.Thepaym



8. How to Calculate the Sum Assured and Premium of Life ...

skiptomaincontent×FirstNameLastNameEmailInterestFrequencyProtectingSolutionsLifeInsurance:HowtoCalculatetheSumAssuredandPremium?LifeInsurance:HowtoCalculatetheSumAssuredandPremium?Postedon06February2020Like2UpVotesSharesSharesIntroductiontolifeinsuranceLifeinsuranceisareliablewaytosecurethefinancialfutureofyourfamily.Incaseofyourdemise,yourfamilywillreceivethedeathbenefitwhichtheycanuseformanagingtheirexpenses.Whiletherearenowmanydifferenttypesoflifeinsuranceplansavailableforeveryneed,calculationofsumassuredandpremiumremainsconstantineverypolicy.Howmuchsumassureddoyouneed?Howwillthepremiumbecalculatedforyourselectedsumassured?Letushavealook-1.WhatistheSumAssured?Thesumassuredistheguaranteedamountthatthebeneficiaryofyourlifeinsurancepolicywillreceiveincaseofyourdeath.Thesumassuredisalsoknownasthecoverageorthecoverofyourinsurancepolicy.Howmuchlifecoverisenoughtosecureyourfamily?Findoutnow2.HowistheSumassuredCalculated?Therearemanydifferentwaystocalculatethesumassuredforyourlifeinsurancepolicy.OneofthemostpopularmethodsisHumanLifeValueorHLV.Thismethodcalculatessumassuredbasedonyourcurrentandfutureexpenses,presentandfutureearnings,andage.Ithelpsyoucalculateyourcapitalizedvaluebasedoncurrentinflation.YoucannowfindHumanLifeValuecalculatorsonlinetoknowyourHLVandselecttherightsumassured.3.WhatisLifeInsurancePremium?Thepremiumofalifeinsurancepolicyisaone-timeorrecurringexpensewhichyoupayforthepolicy.Yourpolicywillonlybevaliduntilyoupaythepremiumsaspertheguidelinesoftheinsuranceprovider.Mostinsuranceprovidersallowyoutoselectthepremiumpaymentfrequencyfrommonthly,quarterly,half-yearly,yearlypayments,orone-timepayment.4.HowisthePremiumCalculated?Thepremiumcalculationdependsonseveralfactors.Theinsurancecompanieshaveanunderwritingdepartmentwhichcalculatesthepremiums.Everyindividualapplyingforalifeinsurancepolicyisrequiredtogothroughthisunderwritingprocess.Generally,youngerandhealthierindividualsarerequiredtopayalowerpremiumascomparedtosomeoneintheir40sor50s.Smokersandnon-smokersar



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