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This insurance policy protects the financial institution's cash in case of default by the debtor and succeeding loss as an outcome of repossession by the lender against the customer. It likewise makes good sense not only to cover the risk of death yet likewise to consider including Critical Health problem cCover to your life insurance plan. Including this option indicates that the home mortgage can be repaid needs to either partner endure a 'important health problem' as defined by the policy's terms.
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