Is there any cap on the maximum sum assured one can take?

[PolicyWala]

I wanted to inquire whether there is a cap on the maximum sum assured one can take while applying for a term insurance policy, having regard to one's age and Gross income per annum? If so, how is it calculated?

Thank You.
Via email @ Sharon C Fernandes

[PolicyWala]

Check these two threads -
1- What is the Maximum Sum Assured one can choose under individual term plan? (http://www.policywala.com/forum/showthread.php/3092-What-is-the-Maximum-Sum-Assured-one-can-choose-under-individual-term-plan)
2- What is the minimum amount of sum assured? (http://www.policywala.com/forum/showthread.php/1414-What-is-the-minimum-amount-of-sum-assured)