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 (also known as the Age of Enlightenment; in French: le SiÃ¨cle des LumiÃ¨res, lit. 'the Century of Lights'; and in German: AufklÃ¤rung, 'Enlightenment') was an intellectual movement which dominated the world of ideas in Europe in the 18th century.