Citi Bank: Insurance For Housing Loan...!

** No medical examination required  for a cover up to Rs. 70 lakhs. **  Level term insurance cover for an amount equal to your loan amount **  Option to continue cover even after the foreclosure of loan. Provide your family the BSLI Group Asset Assure Plan - a unique level ter…

Share:

Read More

Home Loan Cover Vs Regular Term Insurance..!

Term insurance with home loans Buy regular term insurance that will continue even if the housing loan ends. Lenders do not like to take risks.So, before they give you a housing loan, they will size up your income level, repayment capacity &  credit history. Even if everyt…

Share:

Read More

SBI: Discontinue free accident cover for Home loan Customers..!

India’s largest bank State Bank Of India (SBI) will discontinue a free accident insurance cover given to its housing and car loan customers from July, 2013. In a notification to its customers, the SBI said the complimentary group personal accident insurance cover (Death only)…

Share:

Read More

What to Do if you can Not Pay Your Housing Loan EMIs..?

Heres how the bank / Housing Finance companies (HFCs) will react to the situation and how you can negotiate with it to resolve it. by Mr. AMIT SHANBAUG Buying a home is the most expensive purchase you are likely to make, so you may need help in funding it in the form of a loa…

Share:

Read More

Home Loan Insurance Vs Home Insurance..!

By Mr. Kapil Mehta,   SecureNow Insurance Broker Home loan insurance is more important than home insurance..! Home loan insurance makes sure that your family has a valuable asset even if you die... By  Mr. Kapil Mehta,  SecureNow Insurance Broker Question: Could you tell, the diff…

Share:

Read More

Borrowers Think of Covering Home Loan Liability with an Insurance Policy...!

by Srikala Bhashyam Planning finance for house buyers has never been easy &  with interest rates and Prime Lending Rate (PLR) always on the move, it is going to be tougher. In addition, the property price, despite being considered the best time to buy, is not showing any…

Share:

Read More

Secure Home Loans With Life Insurance..!

Secure Home Loans With Life Insurance..! by Mr. Rituraj Bhattacharya, Bajaj Allianz Life Insurance Did you know, that if you were unable to pay off the full amount towards the housing loan repayment, not only would your family have to bear the burden of the outstanding home…

Share:

Read More

Main Features of a Home Loan Insurance Policy..!

By Anil Rego, Right Horizons Although a house is the best gift to one's family, one surely does not want to burden them with a hefty housing loan, in case of an unfortunate event. It is important to shelter your family against such unforeseen burden. Home loan cover comes …

Share:

Read More

SBI Life RiNn Raksha, Home loan cover insurance

The dream house, the best education for your kids, the latest car, an overseas family vacation and much more. To fulfill these aspirations, most of us don’t hesitate to avail loans. SBI Life – RiNn Raksha, a group credit life insurance plan, you can rest assured that your fa…

Share:

Read More