Need A Financial Product Forums Loans Claim against home loan insurance for damage in house Claim-against-home-loan-insurance-for-damage-in-house_REPLY

#47307
samkapoor77
Keymaster

Home loan insurance covers in a way that in an unfortunate incident of death of the home loan borrower, the loan will be settled to the bank by the insurance company. To cover loss due to damage to the property, you need to have property insurance.