Credit insurance repays some or all of a loan when the borrower is insolvent. 1  Mortgage insurance insures the lender against default by the borrower. Mortgage insurance is a form of credit insurance, although the name credit insurance more often is used to refer to policies that cover other kinds of debt.
In this case, Modernism usually refers to Neo-Classical, Enlightenment assumptions concerning the role reason, or rationality, or scientific reasoning, play in guiding our understanding of the human condition and, in extreme cases of Postmodern theory, nature itself.eason and science provide accurate, objective, reliable foundation of knowledge. Reason and science are Ideologies in the Marxist sense; myths created by man. Reason transcends and exists independently of our existential, historical, cultural contexts; it is universal and true.
âThe Enlightenmentâ is the name by which are known both an intellectual movement and an historical period usually considered as having begun in the 17th century and reaching their height in the 18th.he Enlightenment also had roots in the period we know as the Renaissance. This was when, starting in Italy and France in the 14th century and becoming full-blown in the 15th, there emerged that characteristic figure called the âhumanist.â We need to take care with our use of the term in relation to the Renaissance.