What is bundled finance?

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Accepted Answer

Bundled finance refers to a financial package that combines multiple financial products or services into a single offering.

Bundled finance can include a combination of loans, insurance, investments, and other financial products.
It is often offered by financial institutions as a way to provide customers with a comprehensive solution to their financial needs.
Examples of bundled finance include a mortgage loan bundled with home insurance and a savings account, or a car loan bundled with auto insurance and a credit card.
Customers may benefit from cost savings, convenience, and potentially better terms by opting for bundled finance packages.