Banks often bundle insurance with personal loans as “peace of mind”, but for many borrowers it adds cost without adding real protection.
Lenders can recommend purchasing insurance along with your housing loan, but is it really worth it?
Financial planners and advisors feel women, both working and homemakers, should keep themselves prepared to deal with financial uncertainties given the social structures.
Home loan insurance is a must given the size of the liability. When you are changing the financier for the loan, it make sense to revisit your home loan insurance arrangement.