While taking homeloan many companies offer insurance for homeloan. Person A & B both have taken home-loan of 50 lakhs individually. Person A opts for insurance attached to homeloan while person B opts to take term insurance of 50 lakhs. Let’s assume both persons A & B dies after 3 years. The Person A will have insurance cover proportionate to the remaining home-loan. Now the question is in which case investigation will be less while sanctioning the insurance amount? In which case claim settlement will be smooth ?