Definitions from Wiktionary (sum assured)
▸ noun: (insurance) The amount of benefit that an insurance contract pays out to a beneficiary on the occurrence of a contingent insured event.
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▸ noun: (insurance) The amount of benefit that an insurance contract pays out to a beneficiary on the occurrence of a contingent insured event.
Similar:
assurance,
insurance,
endowment assurance,
level term assurance,
increasing term assurance,
life assurance,
life assured,
term assurance,
surety,
decreasing term assurance,
more...
Opposite:
▸ Words similar to sum assured
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▸ Wikipedia articles (New!)
▸ Words that often appear near sum assured
▸ Rhymes of sum assured
▸ Invented words related to sum assured