Best Insurance Cover For Your Home Loan: A home is a place where dreams are built, memories are treasured and relationships are reinforced. Buying and owning a dream home is an aspiration all of us have and it is one of the most important financial decisions you will need to make. Most Indians who decide to buy a home opt for a Home Loan. A Home Loan is one of the longest debts in your life, which requires a long-term commitment. You owe money to the lender and this increases your risk profile. A Home Loan insurance plan mitigates this risk.