Parameters | Home Insurance | Home Loan Insurance |
Availability | Individuals can purchase it irrespective of the existence of a home loan Insurance | Individuals can attain it only if home insurance is available |
Premium | Comparatively, home insurance charges a lower premium | Home Loan Insurance charges a higher premium |
Down Payment | Zero impact on the down payment factor | Enables lowering the down payment of the property due to the tax entitlement |
Home Insurance VS Home Loan Insurance?
Kapil H
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February 27, 2023
2023-02-27T11:57:20+00:00 2023-02-27T11:58:30+00:00Comment
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Insurance Premium
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