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Regarding insurance cover under home loan.
15-Aug-2023 (In Civil Law)
We my husband and me both are teachers.and purchased a flat in 12/03/2014 in Nagpur with loan amount of 1601192 from DHFL. The agreement of loan is in between my husband(borrower) and DHFL. Property is also on the name my husband. But EMI deduction is from my account as co applicant. My husband died on 30/05/2016. After that I contacted DHFL for Insurance detail. At that time I came to know that they insured me with DHFL Pramerica with Premium of 76192. Now I need legal advise from you that is it proper way of bank that they insured not the borrower. Please me
First of all the documents to be checked by an expert lawyer to handle your case.
In any case of insurance the co. Should have to insure first owner. without it, they can not say the property is insured.
If you have knowledge of reading such documents then you should give details thereof, Otherwise consult your lawyer and show him documents first.
Please to serve you
Feel free to contact for lawyer service in pune.
In any case of insurance the co. Should have to insure first owner. without it, they can not say the property is insured.
If you have knowledge of reading such documents then you should give details thereof, Otherwise consult your lawyer and show him documents first.
Please to serve you
Feel free to contact for lawyer service in pune.
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