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Mohit Sharma 7 years, 10 months ago
In other words, sum assured is the guaranteed amount you will receive. This is also known as the cover or the coverage and is the total amount you are insured for. Maturity value is the amount the insurance company has to pay you when the policy matures.
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Amrjt Chakma Chakma 8 years, 3 months ago
1Thank You