7 Types of Insurance Policies you need to know about in India | Personal Finance | Finstreet

#welcometo1percent #personalfinance #insurance
Why do you need Insurance? Which insurance policy should you use?
Watch this video till the end to know about the various Insurance Policies available and hear out take on which one is he best.
_______________________________________________________________________________________________

There are 7 types of Insurance Policies that every adult in India should know about. You can therefore decide the policy that suits your needs.
This video covers the following topics-
-Endowment Policy
-Whole Life Insurance
-Term Insurance
-Unit Linked Insurance Plan (ULIP)
-Pension Plans
-Child Plans
-Money Back Policy

Depending upon your needs and goals, you can decide the policy that works for you.
One thing that should be kept in Mind is that, insurance should be treated like insurance and not Investment. Also, that on the long run, the insurance company is here to make money and not to help you. Read all the documents carefully.
_______________________________________________________________________________________________

Mr Bandhul Bansal is a Personal-Finance Coach and he teaches about the importance of financial independence and what measures you can take to achieve it.
He believes that Financial planning is one of the most underrated skills that is taught by neither our schools nor our colleges. and should be taught to everyone.
_______________________________________________________________________________________________

Website:
Instagram:
LinkedIn:
Check out our blogs:-

Insurance,Insurance in india,Which insurance to get,Term Insurance,ULIP,Child Plan,Whole Life Insurance,Pension Plans,Endowment Policy,bandhul bansal,finstreet,passive income,Financial freedom,Financial independence,choosing your insurance,what factors to consider while choosing an insurance policy,