Mortgage Protection Policy

Mortgage Protection Policy

Description

Donewell Life’s Mortgage Protection Policy provides protection against repossession (by the lender) of a property acquired through Mortgage, in case of death of the Life Assured (Mortgagor) or if permanently disabled, whichever is earlier before the loan is fully paid. In the event of any of these occurring before the end of the repayment term, the outstanding mortgage balance would be paid for in full on behalf of the Life Assured.

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