Home loan - which one is better - mortgage plan or term plan?

[Anil Patil]

I have taken a home loan. I wanted to take mortgage insurance to cover the risk. Please let me know various products available and please also tell me if it better to go for mortgage plan or term plan?

Similar Threads:

• Max Life has also launched online term plan. Please suggest how it is different from existing term plans available in the market
• Is it worth buying Return in Premium Term plans in comparison of pure term insurance plan?
• Term Insurance Plan - Aviva iLife OR Aegon Religare iTerm plan?
• Which policy I buy - Term Plan or ICICI Pru - Home Assure?
• Home loan insurance plan v/s life insurance plan?