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A bank draft is your choice of paying for the insurance, you don't necessarly have to pay your insurance through your bank, there is several different payment methods.

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Q: Is a bank draft needed to purchase home insurance?
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Related questions

Would a bank draft be required to purchase a home?

A bank draft would be required to purchase a home because it guarantees that you have the money to pay for your purchase and that you have sufficient funds to make your payments.


How does one purchase debt insurance?

You can purchase a debt insurance policy if you're worried that an unanticipated circumstance may prevent you from making your monthly loan payments. You can purchase debt insurance from a bank.


How do you get the money from Bank Draft?

how do you the money from the bank draft?


Why would you need to use a bank draft?

You would need a bank draft if you need to make a large purchase and do not have a credit card or that amount of cash. It is also good if you are a seller because there is no risk of a check bouncing.


What is an example sentence with the word bank draft?

A check is a type of bank draft. The Savings and Loan issued a bank draft to cover the amount. They sent a bank draft to the utility company.


What is bank draft?

Bank Draft mean a check drawn by a bank on its own funds in another bank.


What can the mortgage company do if you don't have homeownes insurance?

They would typically purchase their own insurance for you and charge you for it. The bank insurance is usually extremely expensive.


Where can one purchase cheap contents home insurance?

There are many places where one can purchase cheap contents home insurance. One can purchase cheap contents home insurance at popular on the web sources such as Nation Wide and Bank Rate.


Where could one purchase business insurance from?

Many companies offer business insurance you can purchase it from your local bank branch or you may purchase a policy online on websites such as policybee and premierline and co-operativeinsurance.


If you bought a car would you want to bring a bank draft with you?

When going to buy a new car, I would not bring a bank draft with me unless I was buying that I wanted to out right pay for and not finance. Otherwise, instead of brining a bank draft to pay for the car, I would have some other means, such as being prepared to finance, in order to purchase the car.


How long is a bank draft valid?

there is no time frame or a bank draft, it is valid for as long as you have it.


How long does a bank draft take to clear?

How long it takes for a bank draft to clear depends on where the back issueing the draft is located and where the draft is submitted for deposit.