What is a Insurance
Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies and/or perils.
A loan is a sum of money that one or more individuals or companies borrow from banks or other financial institutions so as to financially manage planned or unplanned events. In doing so, the borrower incurs a debt, which he has to pay back with interest and within a given period of time.
Online banking definition: Online banking means managing your bank accounts with a computer or mobile device. This includes transferring funds, depositing checks and paying bills electronically.
Traditional banks and credit unions with branches typically let customers access their accounts via the internet, too. But online banks and providers offer primarily mobile access. You won’t meet a banker face to face, but with a mobile device or computer, you can reach your account anytime. Here's a closer look at online banks.
What is Mortgage
A mortgage is a loan – provided by a mortgage lender or a bank – that enables an individual to purchase a home or property. While it's possible to take out loans to cover the entire cost of a home, it's more common to secure a loan for about 80% of the home's value. The loan must be paid back over time