What is a pure term insurance plan for home loan?
As a home loan borrower, one must assess the short-term as well as long-term costs and benefits of opting for pure term insurance over the regular home loan insurance plans. Rather than blindly trusting what the lenders might utter, it is important that the borrower does a bit of his own research on the term plans that can suitably cover the home loan liability along with other financial obligations in his absence.