Liability Insurance for Housing Loan

POSTED BY venu ON June 15, 2012 12:10 pm ONE COMMENT

My bank has debited Rs.141600/- to my loan account towards “Liability Insurance”, which I’ve not instructed. Here I want to know whether it is mandatory or we can avoid this,

One reply on this article “Liability Insurance for Housing Loan”

  1. Dear Venu, can you elaborate more on this liability insurance thing? Is it meant for life insurance on your life? Please clarify.

    Thanks

    Ashal

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