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Thread: Do we need to take insurance before taking home loan?

  1. #1
    PolicyWala Newbie
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    Question Do we need to take insurance before taking home loan?

    Do we need to take insurance before taking home loan? I am taking about term insurance.




  2. #2
    PolicyWala Newbie
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    India
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    Default

    No need to take before the approval of the loan. After that on the basis of home loan amount.

  3. #3
    PolicyWala Newbie
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    May 2009
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    India
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    Default

    Quote Originally Posted by Vijay_Kumar View Post
    Do we need to take insurance before taking home loan? I am taking about term insurance.
    No need. But it's good to take as early as possible so you get good cover at low cost.


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