Home loan insurance: Why a simple term insurance plan is better than loan protection plan

Do you think the zooming interest rate on your home loan is the only cause for concern? If you are the sole earning member in your family, you can add one more worry. What if you meet with an eventuality and your dependants are saddled with the loan? While you can do little about the rising loan rates, the good news is that you can ensure your family is not paralysed by the crushing financial liability.

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