is insurance mandatory for home loan
In many cases, insurance is mandatory for a home loan, specifically homeowners insurance. Lenders typically require borrowers to have homeowners insurance as a condition of the loan. Here’s why: It’s…
is insurance an asset
Insurance itself is not considered an asset; instead, it is a financial instrument that provides protection against financial loss or risk. However, insurance can indirectly protect your assets by providing…
Insurance Guide 2023 For Beginners
What is insurance Insurance is a financial arrangement or contract that provides protection and financial compensation in the event of specified risks, losses, or unexpected events. It is a means…