Home   >>    Insurance   >>    Home
44.58 Lakh satisfied customers till Oct 2016
Get Loan Offers
Instant Home Loan Offers Instant Car Loan Offers Instant Personal Loan Offers
Instant Loan against Property Offers Instant Education Loan Offers Instant Credit Card Offers
Get Insurance Proposals
Instant Life Insurance Offers Instant Health Insurance Offers Instant Car Insurance Offers

Search Queries related to...

Did not get what you were looking for? Ask an Expert

Ask An Expert

Date : Oct 14, 2008


I have 20.74 lakhs homeloan for 20 years with floating 11.5%. Which mortagage insurance will be best suited for me . I am 28 yrs old.


Any mortgage insurance where you have to pay least premium would be best for this purpose, as the sum assured and tenure will remain same in case of all the policies.

But at Apna insurance we advise to go for a Pure Term insurance rather than loan cover term insurance, because loan cover term insurance is a decreasing level term assurance which means the SA will keep on decreasing with the decreasing tenure ( SA will always remain equal to the outstanding loan amount) . Whereas in Pure term the SA will remain constant till maturity.

So in case of any uncertain event Loan cover will pay only for your outstanding mortgage, Pure term will pay for your mortgage obligation and the remaining amount will be paid to your beneficiaries.



36765 Dear Sir, I have purchased an independent house from local builders six months back i.e., Octo
36748 i would like to insure my house property and my ofiice complex property
36719 I own a guest house near Chennai about 44 k.m. from chennai . I would like to insure the main b
36707 Dear Sir, I want to purchase a flat which is costing me 35 lacs. how do I do the insurance for
36692 I am a NRI based at Muscat. I recently invested in Unitech project and am paying in instalments
36345 I am looking to compare rates for householder insurance for fire and allied perils. Do you have
36009 Sir, further to the answer to my query (1416) 28000, suppose the depreciation will be charged a
36005 Sir, Please help me in understanding how the value of the belongings is assessed with an exampl