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Car insurance Car insurance is a type of insurance that helps protect you and your vehicle in the event of an accident, theft, or other unexpected event. It provides financial protection against losses resulting from car accidents and can cover the cost of damages to your vehicle, medical expenses, and legal fees. Car insurance is typically required by law in…
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Home loan definition A home loan, also known as a mortgage, is a loan taken out by a borrower to purchase a property, usually a house. The lender provides the funds for the purchase, and the borrower agrees to repay the loan, plus interest, over a set period of time, usually several years. The terms of the loan, including the…