Part 1:–CrrY
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Insurance Bonus is a really fancy term used by insurers to sell their policy but be aware that there are no such things as free lunch.

First of all insurance bonus is a nominal amount if we compare it with the premium and secondly, you will be getting this bonus once the policy will mature and not when the bonus has occurred. And the funny part is you won’t be getting any interest on this bonus amount.

In my view, you should not enroll in any kind of ULIP or Endowment Policy.
Why? You will get the answer in tomorrow’s video. Stay Tuned!

Discount Brokers I Use for My Investments:
Upstox ►
Zerodha ►

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Rich Dad Poor Dad (Personal finance book of all time)
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One Up On Wall Street (Peter Lynch’s Best Advice to stock Market Beginners)
Think and Grow Rich (the ultimate book on money mindset and wealth)
The Little Book of Common Sense Investing (Awesome book on index funds)


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