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.
The Renaissance and the Enlightenment name two distinctly different periods of European history. They both heralded major changes in culture, art, philosophy, science, and mathematics. The Renaissance is associated with advances in literature, architecture, humanism, and a world economy, while the Enlightenment is associated with the scientific method, industrialization, rationality, astronomy, and calculus.