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Covers against major accidents or physical loss arising due to death or disablement due to accidental bodily injury.
Risk management can be defined as the identification, analysis, and economic control of those risks which can threaten the assets or earning capacity of an individual.
We should use real estate investment as part of our overall strategy of building wealth as it is generally a great investment option. It can generate ongoing passive income and can be a good long term investment.
Money does not grow on trees, one has to work hard to earn it. Judicious application of money can help in wealth creation and so would buckling down on tax planning.