Why Insurance for loan protection ?

Rewrite DISCLAIMER: ๐จ PLEASE NOTE THAT WE ARE NO LONGER OFFERING THESE SERVICES. FOR ANY INFORMATION, PLEASE REFER TO THE VIDEOS PROVIDED. THANK YOU!In this short, you will find answers to the following questions-
Is it necessary to take insurance with loan?
Is it good to take insurance on home loan?
What is the use of insurance for loan?
Can I get insurance on my loan?
What is a loan insurance?
What is loan protection plan?
Is home loan Protection plan mandatory?
Can I insurance my personal loan?
Can I claim loan protection insurance?
Is it necessary to take insurance on home loan?
What are the benefits of home loan insurance?
Is it compulsory to take insurance for SBI home loan?
How does insurance work in home loan?
What happens if a borrower dies?
Who pays the loan after the death of a borrower?
What will happen to home loan if borrower dies?
Who pays the loan after the death of a borrower?
Do legal heirs have to pay if a borrower dies with loan outstanding?
What happens when a loan payer dies?
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