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You can have six nominees and may also specify the proportion of benefit that you would like each nominee to receive
Kapil Mehta, Managing director and principal officer, SecureNow Insurance Broker Pvt. Ltd
Published in Mint Dated 23rd May, 2012
I am a 29-year-old married male. I have a term plan of Rs. 50 lakh. We recently had a baby girl. Now I plan to increase the sum assured to Rs. 1 crore. Should I now go for a unit-linked insurance plan (Ulip) or an endowment plan?