Tag: Loan Insurance

In our previous blog, we explained what loan insurance is and how lenders use it to safeguard loan repayments against default on part of the borrower due to death or disability. Of late however, Student Cover has found that many lending institutions such as banks and NBFCs have been deceiving students into purchasing overseas health insurance plans along with their

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Overseas education loan has both its merits and demerits. While it helps a student pursue his or her dream to study abroad, it also puts the student under tremendous pressure to do well so as to be able to repay the loan with interest. But what happens if a student is unable to repay the student loan? If the loan

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