Insurance vs Investment - Why Insurance is Not an Investment | Money Doctor Show | EP : 265
Why Insurance is Not an Investment?
Insurance is completely different from investment. There are several types of insurance, including life insurance, health insurance, car insurance among others. People buy health insurance to safeguard their health against accidents and critical illnesses. On the other hand, term insurance is a must if you want to provide financial protection to the dependent family members. C S Sudheer, who is the founder and CEO of IndianMoney.com, has come up with this interesting video and shares his ideas with potential buyers of insurance. He advises people to consider their needs and buy insurance products accordingly. If want to invest, you have an option of investing in stocks, mutual funds, bank deposits based on risk profile. Insurance should not be considered as an investment option. Keep insurance and investments separate. For more details, watch the vide
Subscribe to Our Channel
Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel.
This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.