You are here: Home » PF » News » Loans
FinMin to infuse Rs 3,000 cr in state-owned general insurers this quarter
Policies covering pre-existing diseases from day 1 reduce anxiety
Business Standard

A term policy is the preferred option for covering home loan liability

A home loan protection plan could pose problems if you wish to switch or foreclose your loan

Topics
Home loans | insurance cover

Bindisha Sarang  |  Mumbai 



home loans, house, flats, apartments, credit, residential
Lenders insist that borrowers get a home loan insurance cover so that they are protected against the risk of default

With housing prices remaining range-bound for several years and interest rates on home also at a low level, this is a good time to buy a house. When you apply for a home loan, your lender could, while approving it, push you to buy a home loan protection plan (HLPP).

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, February 16 2021. 06:10 IST

RECOMMENDED FOR YOU

.