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Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.

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What Are Insurance Bonds?





Insurance bonds are offered by a number of life insurance companies. Unlike traditional insurance policies, insurance bonds are far more flexible and work similar to Unit Trusts. Insurance bonds are used to create capital appreciation without any immediate income. Any money made is reinvested until the bond reaches maturity or the bond owner dies.

Source: EZine

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