1303. Which of the following policies is most suitable for a home loan mortgage?

MRI
Whole Life Policy
Term Insurance policy
Property insurance under non-life category
✅ The correct answer is A.
MRI policies is most suitable for a home loan mortgage. MRI is an insurance policy that provides financial protection for home loan borrowers and their families. Specifically, MRI helps settle outstanding home loan amounts in the event of death or total disablement of the borrowers.

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