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 Enlightenment. The Enlightenment, sometimes referred to as the Age of Reason, was a confluence of ideas and activities that took place throughout the eighteenth century in Western Europe, England, and the American colonies.he Renaissance was the seed, while the Enlightenment was the blossom. The idea of a âpublic,â an informed collection of citizens invested in the common good and preservation of the state, reached fruition during the Enlightenment. Curiously, the coffee shop or cafe cafÃ© became the unofficial center of this new. entity