A term insurance policy is the preferred option to cover mortgage liability
A home loan protection plan could be problematic if you want to change or cancel your loan
The subjects
Real estate loans | insurance cover
With house prices staying within a range for several years and mortgage interest rates also at a low level, now is a good time to buy a home. When you apply for a home loan, your lender may, while approving it, push you to purchase a Home Loan Protection Plan (HLPP).
But the liability for a home loan can also be covered by a regular term plan. Instead of giving in to pressure from the lender, understand the pros and cons of both options and make an informed decision. What is HLPP? Lenders insist borrowers get home loan insurance coverage so that they are …
The key articles on business-standard.com are only available to premium subscribers.
Already a premium subscriber? CONNECT NOW
MONTHLY STAR
Digital business standard
![]()
MONTHLY STAR
Digital business standard
Business Standard Digital monthly subscription
Full access to premium product
Convenient – Pay as you go
Pay using Amex / Master / VISA credit cards and VISA debit cards only
Automatically renewed (subject to authorization from your card issuer)
Cancel any time in the future
Requires personal information
What do you get?
ON STANDARD COMMERCIAL DIGITAL
- Unlimited access to all content on any device via browser or app.
- Exclusive content, features, opinions and reviews – handpicked by our editors, just for you.
- Choose 5 of your favorite companies. Receive a daily email with all updates on them.
- Follow the industry of your choice with a daily newsletter specific to that industry.
- Stay on top of your investments. Track stock prices in your portfolio.
- 18 years of archival data.
REMARK :
- The product is a monthly automatic renewal product.
- Cancellation policy: You can cancel at any time in the future without giving a reason, but 48 hours before your card is charged for renewal. We do not offer refunds.
- To cancel, communicate from your registered email id and send the email with the cancellation request to [email protected] Include your contact number for quick action. Requests sent by post to any other identifier will not be recognized or processed.
![]()
ANNUAL SMART
Digital business standard
Subscribe now and get 12 months free
![]()
ANNUAL SMART
Digital business standard
Subscribe now and get 12 months free
Business Standard Premium Digital – 12 Months + 12 Months Free
Subscribe for 12 months and get 12 months free.
Unique and transparent registration to Business Standard Digital
Convenient – Payment once a year
Pay using an instrument of your choice – all credit and debit cards, Net Banking, payment wallets and UPI
Exclusive invitation to certain Business Standard events
What you get
ON STANDARD COMMERCIAL DIGITAL
- Unlimited access to all content on any device via browser or app.
- Exclusive content, features, opinions and reviews – handpicked by our editors, just for you.
- Choose 5 of your favorite companies. Receive a daily email with all updates on them.
- Follow the industry of your choice with a daily newsletter specific to that industry.
- Stay on top of your investments. Track stock prices in your portfolio.
REMARK :
- The monthly term product is an automatic renewal based product. Once subscribed, subject to the authorization of your card issuer, we will automatically debit your card / payment instrument each month and renew your subscription.
- In the annual term product, we offer both a product based on automatic renewal and a product not based on automatic renewal.
- We do not reimburse.
- No questions asked Cancellation policy.
- You can cancel future renewals at any time, including immediately after subscription, but 48 hours before your next renewal date.
- Subject to the above, cancel yourself by visiting the “Manage my account” section after logging in OR Send an email request to [email protected] from your registered email address and quoting your cell phone number.
![]()
Dear reader,
Dear reader,Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting-edge commentary on relevant current issues.
However, we have a demand.
As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital editor
First published: Tue, February 16, 2021. 6:10 a.m. IST