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I had availed of a home insurance LoanShield / HomeSafe Plus / HomeAssure. How will it get affected due to the change in rate of interest?

April 26, 2017affected availed Home Insurance homesafe Plus rate

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I had availed of a home insurance LoanShield / HomeSafe Plus / HomeAssure. How will it get affected due to the change in rate of interest?

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In case the customer had availed of LoanShield / HomeSafePlus by ICICILombard The insurance cover is applicable for a period of 5 years from the first disbursement of the home loan and will continue to be applicable for the 5 year period. In case the customer had availed of HomeAssure by ICICIPrudential The insurance cover is applicable for original loan tenure and will continue to be applicable for the original loan tenure. The insured amount is the loan outstanding (as per the original amortization schedule) at the time of death.