ilmscore | Prediction Details
"the cover is just increased exactly by the same amount of 20 lakhs"
By CA Rachana Phadke Ranade | September 20, 2024 | Pending
From video
Top 5 factors that determine your Term Insurance Cover Amount | CA Rachana Ranade 00:08:37 - 00:08:40
Interpreted Prediction
When a loan amount (e.g., a 20 lakh car loan) is factored into the term insurance cover calculation, the recommended cover increases by the exact amount of the loan.

Prediction Details

Topic
Term Insurance Cover Calculation with Loans

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