New Delhi, June 9 -- Home loan insurance adoption in India has surged nearly seven times in the last five months, reflecting a growing shift among borrowers towards protecting their families from long-term loan liabilities, according to an analysis report by Policybazaar.

The report highlighted that homebuyers are increasingly viewing home loan insurance as a financial protection tool rather than a lender-bundled product, particularly as home loan ticket sizes and repayment tenures continue to rise.

According to the analysis, policy adoption has witnessed a sharp increase within a short period after launch, with volumes rising nearly sevenfold over the last five months.

The company said the trend indicates growing awareness among borro...