Insurance
Sum Assured Kya Hai? — Matlab, Definition & Example
Definition
Sum assured wo guaranteed amount hai jo insurance company nominee ko pay karti hai jab insured event (death, illness) hota hai. Term insurance ke liye 10-15x annual income recommended hai.
💡 Real Example
If your annual income is ₹10 lakh and you have a ₹40 lakh home loan, ideal sum assured for term insurance = (10L × 15) + 40L = ₹1.9 crore.
🇬🇧 English Mein (Sum Assured (Cover Amount))
Sum assured is the guaranteed amount that an insurance company promises to pay the nominee upon the occurrence of the insured event (death, critical illness, etc.). For term insurance, recommended sum assured is 10-15 times annual income plus liabilities.
❓ Common Questions
Sum Assured kya hai simple words mein?
Sum assured wo guaranteed amount hai jo insurance company nominee ko pay karti hai jab insured event (death, illness) hota hai. Term insurance ke liye 10-15x annual income recommended hai.
Sum Assured ka ek example do?
If your annual income is ₹10 lakh and you have a ₹40 lakh home loan, ideal sum assured for term insurance = (10L × 15) + 40L = ₹1.9 crore.
Sum Assured (Cover Amount) ko English mein kya kehte hain?
English mein ise Sum Assured (Cover Amount) kehte hain. Sum assured is the guaranteed amount that an insurance company promises to pay the nominee upon the occurrence of the insured event (death, critical illness, etc.). For term insurance, recommended sum