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Showing posts from October, 2025

Financial Wisdom by Sukhi Jolly: Turning Insurance Into a Wealth Tool

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  Introduction: The Overlooked Power of Insurance in Wealth Creation When most people think about wealth creation, their minds immediately jump to investments, real estate, or business ventures. However, insurance — often dismissed as a mere safety net — can actually be a powerful tool for long-term financial growth. With the right strategy, insurance doesn’t just protect your assets; it helps multiply them. Financial leaders like Sukhi Jolly understand that real wealth isn’t only about earning more — it’s about protecting what you earn and making it work for you. Understanding Insurance as a Financial Instrument Insurance, at its core, is about risk management. But when used strategically, it becomes a wealth-building mechanism. Life insurance, for example, can serve dual purposes — providing financial protection for loved ones and acting as an investment vehicle. High-net-worth individuals often use permanent life insurance policies to build cash value over time. This accumu...