loan protection insurance

Home Loan Insurance Plans or Home Loan Protection Plans
• Are home loans insurance plans worth buying while taking a home loan?
• Does a borrower deserve losing an existing home loan insurance plan while transferring his home loans to a new lender for getting best interest rate?
• Can a lender forcefully sell me a home loan insurance plan at the time of taking a home loan?
• If you have to secure your home loan at any cost, why don’t you sell us a Term Insurance Plan, which is more cost-effective?
• Does taking an HLIP or HLPP relieve us from mortgaging our property to the lenders?