AI Insurance Advisor
Secure Mind Insurance
Shikhar Insurance
Coverage
On request
This policy pays the outstanding loan to a Bank or Financial Institution in case the insured borrower dies, suffers permanent total disability, involuntary unemployment, or is diagnosed with any of the 18 listed critical illnesses. It is designed to mitigate lenders' losses from borrower defaults caused by circumstances beyond the borrower's control.
Secure Mind Insurance
Shikhar Insurance
Coverage
On request
Policy Term
Policy term aligned to the outstanding loan tenor
This policy pays the outstanding loan to a Bank or Financial Institution in case the insured borrower dies, suffers permanent total disability, involuntary unemployment, or is diagnosed with any of the 18 listed critical illnesses. It is designed to mitigate lenders' losses from borrower defaults caused by circumstances beyond the borrower's control.
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