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Find the best Insurance on Loan for you

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Type of employment

About Insurance (Insurance on Loan)

Secure your financial journey with Loan Crafts’ Insurance on Loan – providing a safety net for unexpected challenges in your borrowing experience.

Experience peace of mind with Loan Crafts – Insurance on Loan ensures protection and support, adding an extra layer of security to your financial endeavors.

Navigate your financial landscape confidently with Loan Crafts’ Insurance on Loan – a safeguard against unforeseen events, enhancing the security of your borrowing.

Empower your financial decisions with Loan Crafts – Insurance on Loan offers comprehensive coverage, ensuring your borrowing experience is resilient and protected.

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Insurance (Insurance on Loan) Products

Explore a range of protective Insurance on Loan products at Loan Crafts, each crafted to secure your financial well-being during the loan journey.

Loan Protection Plans

Safeguard your financial commitments with Loan Crafts – our Loan Protection Plans offer comprehensive coverage for added security during your borrowing experience.

Critical Illness Coverage

Enhance your financial resilience with Loan Crafts – Critical Illness Coverage ensures protection against unexpected health challenges, securing your loan commitments.

Job Loss Insurance

Navigate uncertainties confidently with Loan Crafts – Job Loss Insurance provides support during unforeseen employment changes, ensuring loan security and peace of mind.

Total Disability Coverage

Empower your financial journey with Loan Crafts – Total Disability Coverage offers protection against unexpected events, securing your loan obligations in the face of adversity.

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Features of Insurance (Insurance on Loan)

Experience comprehensive protection with Loan Crafts’ Insurance on Loan features, designed to secure your financial well-being throughout the borrowing journey.

Tailored Coverage Plans

Ensure personalized protection with Loan Crafts – Features of Insurance on Loan include Tailored Coverage Plans, offering flexibility and comprehensive support for your unique needs.

Quick Claims Processing

Experience efficiency in times of need – Loan Crafts’ Insurance on Loan features Quick Claims Processing, ensuring swift assistance and support when it matters most.

Loan Coverage Customization

Take control of your protection – Loan Crafts allows Loan Coverage Customization, tailoring insurance features to align with your loan commitments and financial goals.

Transparent Policy Terms

Navigate your coverage with clarity – Loan Crafts’ Insurance on Loan features Transparent Policy Terms, ensuring a clear understanding of your protection for a confident borrowing experience.

Insurance (Insurance on Loan) - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a Insurance (Insurance on Loan).

Age

Maximum age of applicant at loan maturity: 60 years

Income

Minimum Net Monthly Income: Rs 15,000

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

Your Queries Answered – Navigating Loan Crafts with Confidence

Insurance on Loan typically covers events like death, disability, job loss, or critical illness. It provides financial security by helping repay or reduce outstanding loan amounts in such situations.

While Loan Crafts may recommend insurance for added protection, it’s generally not mandatory. However, having insurance can offer valuable coverage and peace of mind during the loan tenure.

Premiums are typically calculated based on factors like loan amount, term, borrower’s age, and coverage type. Loan Crafts provides transparent details on premium calculations during the application process.

Policy modification options may vary, but Loan Crafts allows policyholders to discuss changes or cancellations. Our team will guide you through the process and any associated terms.