FAQs

In this section you will find answers to frequently asked questions on life, health, travel and home insurance, savings, loans, mortgages and personal finance.

Life Insurance (1)

As the name suggests, this insurance policy provides a risk cover to people who have mortgaged their property in the unfortunate event of death prior to the loan being repaid. The sum assured is usually the same as the policy holder’s mortgage amount against his property but in some of the more popular variants the Sum Assured reduces as the principal amount of loan gets repaid.

Category: Life Insurance

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