Can I have two different life insurance covers?

Suppose I have two different life covers (insurances), one is an endowment/whole life insurance and the other is a term insurance. In case I die within life cover period, will the two different insurance companies give the separate sum assured amounts in full to the nominee? Will the same rule be valid if I take two such life insurances from same company? I am asking because I have one whole life policy which I may or may not continue, so to get advantage of lower premium, I am considering taking one term insurance as soon as possible (but ultimately I may continue the previous policy too because I have already paid good amount of premium).

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