Yes,
You can take term insurance to cover the loan in case of unforeseen events.



Thanks and warm regards, Kongaleti. Satya Narayana Reddy Reach me on Phone:
7093850932 Whatsap: 7093850932 Mail: [email protected]
Address:2-129/1 Kongaleti chenna Reddy krishnam palli village and post.
Udayagiri mandal nellore district a.p Pin: 524226


On Sat, Jul 12, 2025 at 5:08 PM BHAWANI SHANKAR VERMA <[email protected]>
wrote:

> there are 2 types of insurance with home loan. one is for your property
> against fire, flood and earth quackes etc and another is optional to secure
> your home loan with your personal insurance. If at the time of disbursement
> you have not opted for personal life cover Now you can opt either through
> your bank's arrangement or your own. better to cover the entire loan amount
> even after completion of the loan period.
>
>
> On 7/12/2025 4:26 PM, sazid shaik wrote:
>
> Hello family, hope all are doing great,
>
> two years back I had taken home loan from icici hfc to purchase a house.
> at that time i was not given home loan insurance on life.  couple of days
> back I came to know that when we take home loan that amount will be covered
> with insurance.
> my doubt is that can we take that home loan insurance  now?
> thanks in advance,
> sk. sazid
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