What is the sum assured in an insurance cover? | Sum assured

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


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