Owning a home is one of the most cherished dreams, especially for those who have been living in a rental house. And with RBI cutting its key-lending rate for commercial banks by 75 basis points so far this year, home loans are expected to become cheaper and more attractive for those planning to buy their own homes. But while availing the home loan from the lender, one is expected to come across a situation where the bank may ask the borrower to also buy a life insurance policy along with the loan.