Yes, you can buy more than one insurance policy but the claim should not be duplicated to two insurance companies. Under normal circumstances, the claim amount will be shared by both insurance companies in the ratio of the sum insured. Let us say Company A insured you for Rs. 2 lakhs and Company B insured you for Rs. 3 lakhs, then the claim will be shared in the ratio of 2:3. In case you have gone in for a normal policy of Rs. 2 lakhs from Company A and Top-Up policy of Rs 3 lakhs from United, then in that case first Rs. 2 lakhs will paid by Company A and the claim above Rs. 2 lakhs will only be paid by United.
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