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# Why is PADS asking me for a home insurance policy?

PADS is requesting your home insurance policy for a couple of important reasons. First off, it helps secure the funding for your loan with us. This policy is key to making sure both you and PADS are protected if anything unexpected happens that requires an insurance claim. It's all about keeping you covered in case of property damage. Plus, from our side, it helps ensure that we can still get loan repayments sorted out if anything happens to your property.