English version

the sum assured

From Longman Dictionary of Contemporary Englishthe sum assuredthe sum assuredformal the amount of insurance money to be paid out when someone dies assure
Examples from the Corpus
the sum assuredIf you are aged over 55, Family Assurance Society will reduce the sum assured by £20 for each year above 55.If you can not complete the declaration without qualification, the sum assured may also have to be reduced under your Bond.
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