Frequently Asked Questions

What loans are covered?

IOSC covers all loan types including home, personal, education, vehicle, business, and more for full protection.

How affordable are premiums?

Premiums start at ₹2,000 for loans up to ₹2 lakh with 5 years coverage, and 1% for higher loans.

Who benefits from this insurance?

Borrowers and their families are protected from repayment burdens during emergencies, ensuring financial security.

Is IOSC government licensed?

Yes, IOSC is government recognized and licensed under code no.: db 755/18 for trusted coverage.

What is the coverage duration?

Coverage lasts 5 years for loans up to ₹2 lakh; longer terms depend on loan amount and policy.