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Insurance Cover for Home Loan - A Customer Education Initiative by DHFL

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Looking for guidance on a Home Loan Insurance? Watch the DHFL video to know how does Insurance cover for Home Loan work, how it is calculated, and how to buy Insurance policy linked to the Home Loan. Protect your family from the burden of repaying the outstanding home loan amount. Watch Now- http://bit.ly/1PgVtki

Know more- http://bit.ly/1XaioW2

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Insurance Cover for Home Loan - A Customer Education Initiative by DHFL

  1. 1. Insurance Cover for Home Loan – A Customer Education Initiative by DHFL DHFL Home Loans – www.dhfl.com
  2. 2. Hello Sharmaji, I am so happy that you finally visited my home. DHFL Home Loans – www.dhfl.com
  3. 3. Hello Vinodji. I had to; you invited me so many times. DHFL Home Loans – www.dhfl.com
  4. 4. True! So, what brings you here? DHFL Home Loans – www.dhfl.com
  5. 5. I have now bought a home of my own with the help of a Home Loan. But I am worried, whether my family will be able to repay the Home Loan in case something happens to me. DHFL Home Loans – www.dhfl.com
  6. 6. Why don’t you take an Insurance Policy linked to your Home Loan to safeguard and protect your family? DHFL Home Loans – www.dhfl.com
  7. 7. How does it work? DHFL Home Loans – www.dhfl.com
  8. 8. Life Insurance Policy linked to Home Loan are arranged by the Housing Finance Companies/ Home Loan Lenders in partnership with insurance companies which covers you with the risk of death and ensures that the insurance company pays off the entire outstanding Home Loan amount to the loan provider/ financer, in case something happens to you. DHFL Home Loans – www.dhfl.com
  9. 9. Such insurance covers are commonly known as MRTA (Mortgage Reducing Term Assurance). Thus, your family is protected from the burden of repaying the Home Loan outstanding amount and your family will retain the home. DHFL Home Loans – www.dhfl.com
  10. 10. and your family will retain the home. DHFL Home Loans – www.dhfl.com
  11. 11. I see. How is the Life Insurance Policy linked to Home Loan calculated? DHFL Home Loans – www.dhfl.com
  12. 12. The sum insured is linked to your Home Loan amount and the amount of insurance premium payable to the insurance company depends on: DHFL Home Loans – www.dhfl.com
  13. 13. Applicant’s Age, Home Loan Amount, Tenure of the Home Loan, Applicant’s Medical History DHFL Home Loans – www.dhfl.com
  14. 14. How to buy an Insurance Policy linked to Home Loan? DHFL Home Loans – www.dhfl.com
  15. 15. Generally, the Housing Finance Companies/ Home Loan lender will recommend an Insurance Policy as per your requirement which is bundled along with the Home Loan that you seek. DHFL Home Loans – www.dhfl.com
  16. 16. In case you opt for a bundled product and require financial assistance for the payment of the premium amount to the insurance provider the same is funded by the Housing Finance Companies/ Home Loan Lenders. Alternatively, you can search the market for a suitable Insurance Policy. DHFL Home Loans – www.dhfl.com
  17. 17. You must check if the policy will cover the death benefit, death by accident, permanent disability benefit, etc. DHFL Home Loans – www.dhfl.com
  18. 18. This will safeguard your family from loan burden of any repayment challenges in the future. DHFL Home Loans – www.dhfl.com
  19. 19. Thank you Vinodji for your guidance on Life Insurance Policy linked to Home Loan. DHFL Home Loans – www.dhfl.com
  20. 20. DHFL Home Loans – www.dhfl.com

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