Bissoy.com
Doctors Medicines MCQs Q&A

  1. Life Insurance
  2. Disability Insurance
  3. Mortgage Redemption Insurance
  4. General Insurance
4 views

1 Answers

Answer: Option 3

Mortgage Redemption Insurance (MRI) is an insurance policy that provides financial protection for home loan borrowers. It is basically a decreasing term life insurance policy taken by a mortgagor to repay the balance on a mortgage loan if he/she dies before its full repayment.

4 views

Related Questions