Last Updated
：2025/12/04
sum assured
（ plural ）
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(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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sum assured
Before buying the policy, she carefully compared the sum assured and the premium to ensure adequate coverage for her family.
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Before buying the policy, she carefully compared the sum assured and the premium to ensure adequate coverage for her family.
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