LIC HOUSING FINANCE
What is Housing Finance Insurance?
Housing Finance means loan provided to individuals for the purchase of residential house / apartment / land. The loans availed for the purpose of making improvements in house / apartment / land shall also fall under this category.
What is the Purpose of Housing Finance?
Loan protection insurance covers debt payments on certain covered loans if the insured loses their ability to pay due to a covered event. Such an event may be disability or illness, unemployment, or another hazard, depending on the particular policy.
HOUSING FINANCE INSURANCE POLICY PROVIDED BY COMPANIES
Products
- Construction Loan
- Markage Loan
- Renovation Loan
- TakeOver Loan
- ORP Loan
- Others
Applicable For
- Salary People/Holder
- Self Employee
- Pension Holder
- NRI
- Other