Loan protection life and disability insurance protects the lending institution against financial loss as a result of injury,illness,or death of the borrower.

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Loan protection life and disability insurance provides coverage for the lending institution in case the borrower is unable to repay the loan due to injury, illness, or death. This protects the lender from financial loss and is generally required for certain types of loans.

Loan Protection Life and Disability Insurance Protects the Lending Institution