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Insurance got you feeling like a fish out of water? Drop us a question and our team will cast a net of knowledge. Join the thousands who've found answers with us!
Want to know home loan emi insurance, what are the different plans
Hi Pawan thank you for reaching out to us. A term insurance is a good option to cover home loan EMIs and protect your family against the financial burden arising due to the loan, if something unforseen were to happen to you. The ideal sum insured as suggested by experts is 10x of your annual income + home loan amount. You can find out more on term insurance for home loan here: https://www.policybazaar.com/life-insurance/term-insurance/articles/why-is-term-insurance-right/
We have also arranged a callback for you from one of our term insurance advisors to assist you further.