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Lien holders will put forced place insurance onto a mortgaged property in cases where the borrower allows the coverage they were required to purchase to lapse. Lapses may be due to non-payment of premium, filing false claims, or other reasons. Forced place insurance will protect the property, the homeowner, and the lien holder. Future mortgage payments will reflect the added cost of the insurance. Forced place insurance is also known as creditor-placed, lender-placed, or collateral protection insurance.
Which musical instrument does Pandit Dayashankar Ji specialize in playing?
Consider the following statements about Adaptation Gap Report:
1. It is annually published by the UNDP since 2014
In which year does Oil India Ltd aim to invest 165 billion rupees ($1.98 billion) in clean energy projects to meet its net zero carbon emissions goal?
Sela Tunnel Project, recently seen in the news, is located in:
Which Australian city has decided not to host the Commonwealth Games 2026?
Which of the following diseases cannot be cured by antibiotics?
Which of the statements given is/are correct about Badis species:
1. It is a freshwater fish species found in Nagaland
Which of the following state has topped among 18 large states in India Justice Report 2022?
Which of the following is/are not associated with the Monsoon climate in India?
1. El Nino temporary warm currents.