As healthcare costs rise steadily in India, securing quality medical care for seniors without burning through savings is a major concern for families. For individuals above 60 — especially those retired or semi-retired — a suitable senior citizen health insurance policy can make a significant difference. While most regular health insurance offers limited features or charges high premiums after age 60, several insurers in India now offer dedicated health plans for senior citizens that include coverage for pre-existing illnesses, cashless hospitalization, and optional add-ons tailored for elderly care. In this guide for 2025, we’ll help you understand: Why health insurance…
Author: finance troop
Personal loans are one of the most convenient financial tools for salaried employees in India. They’re unsecured, flexible, and can be used for almost anything — from medical expenses and weddings to travel or education support. But while personal loans are easy to apply for, the interest rate can vary significantly depending on where you borrow from. In fact, two people with the same salary and loan amount but different credit scores could end up paying ₹20,000 more in interest over a 5-year loan. That’s why choosing the lowest-interest personal loan makes a huge difference. Why Do Salaried Employees Get…
Raising a child in today’s world is expensive — and when it comes to higher education, the costs are only going up annually. Whether you’re planning for a medical, engineering, law, or business degree — you could be looking at ₹30 lakh to ₹1 crore+ over the next 10–15 years. That’s why starting early with a child education plan isn’t optional anymore — it’s essential. In this guide, we’ll help you understand: What a child education plan is What features to look for in 2025 Which Indian policies offer the best structure for your goals Tips to plan better for…
A ₹1 crore term insurance plan has become the new standard for financial protection in Indian families. As inflation rises and lifestyle costs grow, ensuring your family’s future security needs more than just basic insurance. But with so many term plans in the market — each offering different premium rates, riders, and claim ratios — choosing the right one can feel confusing. This 2025 guide helps you: Understand how term insurance works Compare the best ₹1 crore sum assured plans in India Evaluate claim settlement ratios (CSR) Pick a plan that balances cost and reliability What Is a Term Insurance…
If you’re planning to buy life insurance in 2025, chances are you’re stuck between two popular options: ULIP (Unit Linked Insurance Plan) and term insurance. They’re both life insurance products — but they work completely differently. One covers only your life – pure protection; the other mixes life insurance with market-linked investment. In this article, we’ll help you clearly understand: What is ULIP and Term Insurance? How are they different in cost, benefit, and risk? Which makes sense for your goals in 2025? Let’s clear the confusion. What Is Term Insurance? Term insurance is the simplest and most affordable form…
Securing your child’s future is one of the most important responsibilities parents carry — especially in a country where education, healthcare, and cost of living are rising every year. While child savings accounts and SIPs are useful, many parents are now opting for dedicated child insurance plans to combine two key benefits: Guaranteed or market-linked growth on savings Life protection in case the parent is no longer around In 2025, India’s top insurers offer structured child insurance plans tailored for long-term educational needs and financial protection. This guide will help you understand: What child insurance is What features truly matter…
In 2025, having a proper family health insurance policy is no longer optional — it’s an essential pillar of financial planning. A single hospitalization without insurance could easily burn through ₹2–5 lakh or more, forcing families to dip into savings or even take loans. A good family health plan covers all members under one policy, saves tax, offers cashless treatment, and ensures medical protection without disruption. But with so many plans in the market, how do you choose the best one for your family? This guide will help you: Understand what family floater health insurance is Know what features to…
In 2025, using the right credit card goes far beyond just convenience — it’s about saving smartly, earning rewards, and getting valuable benefits on every transaction. From daily groceries to fuel, dining, travel, OTT platforms, and online shopping — a good credit card can help you earn cashback or loyalty points that reduce your real monthly spending. But with 50+ cards available in India, which ones actually give you value on the types of purchases you make? This guide lists India’s best cashback and rewards credit cards for 2025, based on: Value per rupee spent Realistic rewards redemption experience Acceptance…
Taking life insurance for your mother is one of the most responsible financial decisions you can make. Whether your mother is a homemaker, senior citizen, or still working, having a life insurance cover can protect your family from sudden financial loss and help ensure medical or legacy planning needs are met. But in India, buying life insurance for someone who is not an earning member — especially someone in her 50s, 60s, or even 70s — needs smart planning. In this 2025 guide, we’ll explain: Can you take life insurance for your mother? Which policies are suitable for different age…
India’s UPI revolution is transforming not just how we pay money — but also how we borrow money. Leading platforms like PhonePe, traditionally known for instant digital transactions, are now stepping into the world of digital lending. In 2025, PhonePe is expanding its offerings to include personal loans, small credit lines, and Buy Now Pay Later (BNPL) services — either directly or through its NBFC partners. Many users are seeing pre-approved alerts on the app, but how does the PhonePe loan feature actually work? In this complete guide, we’ll explain: What kind of loans you can get through PhonePe Who…