What is Loan Insurance and its Importance?

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Most of the money lenders accept only the parents of applicants as co-applicants for their study abroad loans.

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This is applicable in the case of both education loans without collateral and secured loans (loans without collateral) as well.

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Purchasing loan insurance is proven to offer benefits in case the applicant faces a misfortune.

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This gives a sigh of relief to the borrower of government bank education loans in which the parents of the applicants are the co-applicants.

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Click here to learn more about Education Loan Insurance

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