Easy to borrow yet slow to pay!
Loan can be a property, money or any other material goods that is given to another party for an exchange to pay in future the loan amount as well as the interest on it. Loans permit growth in overall supply of money in the economy by offering funds to new businesses.
When you borrow money during the time of need, either from a bank, a financial institution, family or friends, it is termed as ‘loan’. There are different types of loans that are available for catering to your various financial needs such as a home loan, car loan, personal loan, education loan, business loan, etc.You may apply for a Loan in case of urgent financial need. These financial emergencies can be; medical emergencies, funds for education wedding, business or for renovating or buying a home.
Life Insurance policy is to cover your family members from financial burden in case of your death. Read more about Few tips before considering loan against your life insurance policy.
Mortgage Insurance Premium is meant to protect you if you fail to repay the amount on account, and also know Mortgage Insurance Benefits and Features
Policy documents often run a several pages, and it can become a task to read and understand them completely. Know the importance and the terms that you should know.
Comprehensive Car Insurance - Understand the key features comprehensive car insurance policy with this detailed guide on comprehensive car insurance.
Endowment Policy - Endowment plans are one of the best types of life insurance policies. Know more about Endowment Types and Benefits.
Life insurance is important for both women and men. Learn more about the top benefits of life insurance for women and men. Know the different between men and women