What is personal loan insurance and what does it cover? MintGenie explains

What is personal loan insurance and what does it cover? MintGenie explains

Personal loans themselves do not carry insurance. Nonetheless, there exists a product called personal loan protection insurance (PPI), also referred to as loan repayment insurance, which borrowers often consider to safeguard themselves from potential financial strain in the event of defaulting on loan payments. Understanding loan insurance  The PPI is an independent insurance policy that … Read more