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What if , for some unfortunate cause, the student dies after completing
his/her professional degree ? Who will have to repay the loan , the
student's parents? |
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Asked by cour_pan - In Student Loan -
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Answer (
1 ) |
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Yes it has to paid by parents or student guarantor in the case of student death but you can minimize or completely nullify this by buying a insurance policy at the time of getting education loan .Most of the bank are providing this kind of insurance policy with their education loan scheme.Here is some more information about this
Education Loan
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| Reply by gupta - 639days 57mins 52secs ago |
Votes of this Answer: 0 votes
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