Do you really need home loan insurance if you already have a term insurance plan? - The Economic Times

Home loan insurance is designed to pay off outstanding loans if the borrower passes away, while term insurance provides a one-time payment to meet the family's needs. After securing a home loan, it's vital to reassess the adequacy of your term insurance to ensure it sufficiently covers all liabilities, particularly for those with substantial loans and multiple financial responsibilities.

Raccontata daeconomictimes.indiatimes.com