What Is Mortgage Insurance?
Mortgage insurance protects your home loan in case you die or cannot repay due to disability or job loss. When you take a home loan, the bank wants to make …
What Is Endowment Insurance?
Endowment insurance is a type of life insurance that also works as a savings plan. It gives you life cover and pays you a lump sum of money if you …
What Is the Difference Between Term Insurance and Endowment Plan?
Term insurance and endowment insurance both provide life cover, but they work very differently. Term insurance is simple. You pay a small premium for a fixed time (like 20 or …