Which type of life insurance coverage payable to a third party lender upon the death of the insured for loss of loan payments?

Which type of life insurance coverage payable to a third party lender upon the death of the insured for loss of loan payments?
[A]Micro Insurance
[B]Mutual Insurance
[C]Mortgage Insurance
[D]Health Insurance

Mortgage Insurance
Mortgage Insurance is a form of life insurance coverage payable to a third party lender/mortgagee upon the death of the insured/mortgagor for loss of loan payments.

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This question "Which type of life insurance coverage payable to a third party lender upon the death of the insured for loss of loan payments?" was published on GKToday on June 3, 2015 at 5:10 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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