5 Common mistakes while buying Insurance

1. Buying life insurance just because a friend or relative took up an agency with a life insurance company.

2. Buying life insurance only with an intention of saving on income tax.

3. Buying life insurance just because it is cheap.

4. Buying life insurance for a short period of time.

5. Buying the wrong type of life insurance.

NRI Money Clinic is a YouTube channel created by Dr. Chandrakantha Bhat , an investment consultant and financial planner in Dubai . It aims to spread financial literacy and educate on money matters for resident and non resident Indians . The channel discusses subjects like Fixed Deposits , Taxation , Mutual Funds , Insurance , Specific Issues pertaining to NRI community and every other investment opportunity.

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Links to my previous videos
Role of a Financial Planner: https://www.youtube.com/watch?v=KZPnnn3NqyM
What is the meaning of money? : https://youtu.be/AAxQ4ywScos
6 steps to generate good returns on your investments – https://youtu.be/AAxQ4ywScos
Why you should watch this channel – https://youtu.be/rgsHfw41W_8
Don’t Buy a Life Insurance Policy Until You Watch This! https://youtu.be/q0adm_CKvew
Why are your mutual funds not showing the returns?https://youtu.be/28TfBq_OGx8

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