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.
Some commentators define Modernism as a mode of thinkingâone or more philosophically defined characteristics, like self-consciousness or self-reference, that run across all the novelties in the arts and the disciplines.riedrich Nietzsche (1844â1900) was another major precursor of Modernism, with a philosophy in which psychological drives, specifically the  will to power  (Wille zur Macht), was of central importance: Nietzsche often identified life itself with 'will to power', that is, with an instinct for growth and durability.