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Credit arrangements insurance
When we raise commercial credits, banks require insurance coverage for the events when a credit beneficiary is unable to pay off instalments. A credit can generally be secured by a guarantor , by realising securities, by placing a mortgage on a property or by an insurer.
Insurance of mortgages
When we raise mortgages, banks require insurance coverage for the events when a credit beneficiary is unable to pay off instalments. A credit can generally be secured by a guarantor , by realising securities, by mortgage or by an insurer.
Insurance against risks of credit cards misuse
In recent years the use of credit cards has increased steeply and we in fact cannot imagine our life without them. But a substantial financial loss can be incurred if our credit card gets lost or stolen. |