Can we claim two accidental policies

It is perfectly legal to buy and hold more than one policy. The beneficiary can rightfully claim from all the life insurance policies he holds in the unfortunate event of death. Multiple policies provide an extra layer of protection that a single plan might not necessarily provide. Keeping in mind that you’ve disclosed all the material facts and the combined sum assured should not exceed your human life value, you will be able to claim the sum assured from all the policies. However, the payment of the sum assured will be in accordance with the terms and conditions.

Hi Rayapu Ashok Kumar Reddy,

You can only claim to the extent you have suffered the financial loss

Purpose of Insurance is to reimburse your losses

Let's not take advantage and disclose all material facts at the time of purchasing Insurance

Purchase Insurance Mindfully

Connect for right advise

Komal Jain

Qualified Personal Finance Professional ®

Hello Sir since accident policy is a multiple benefit policy you can buy more than one policy from different company.

Only restriction in Personal Accident Policy is a Temporary Total Disability Benefit which will be paid weekly according to the weekly earning.

And there are some criterias to how much cover you can buy.

So Take Policies accordingly.

You can connect with Beshak Community Advisor for proper guidance