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deeptikoshy
Posts: 2
Registered: ‎20-07-2017

home insurance

Under the Home Suraksha Plus policy bought with the Home Loan, in the event of a claim while the outstanding loan principle amount is lesser than the sum insured, is the difference amount paid by the Insurer to the Insured? Or is the claim valid only to the extent of the outstanding principle amount?

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Frequent Contributor
N.Kumari
Posts: 124
Registered: ‎11-10-2021
Solution

Re: home insurance

Hi, 

outstanding principle amount will be paid for credit shield claim.

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Frequent Contributor
N.Kumari
Posts: 124
Registered: ‎11-10-2021
Solution

Re: home insurance

Hi, 

outstanding principle amount will be paid for credit shield claim.