Life & Protection Face-offs
Rent or buy, term or money-back, employer cover or your own — the big life decisions, run through the numbers.
Lessons
- Renting vs Buying a HomeIndia’s most emotional money decision, run coldly: when the EMI beats the rent, and when it doesn’t.
- Term Insurance vs Return-of-Premium (TROP)"Get all your premiums back!" costs 2-3x more — and the refund is your own money, returned without interest.
- Employer Health Insurance vs Your Own PolicyCorporate cover is real but rented — it vanishes with the job, exactly when you can least afford to replace it.
- Gold Loan vs Personal LoanPledging the family gold is cheaper and faster than an unsecured loan — with one risk the interest rate doesn’t show.
- Credit Card EMI vs Personal LoanThe "convert to EMI" button, no-cost EMI’s hidden math, and when a boring personal loan beats both.
- Education Loan vs Paying from SavingsYou can borrow for a degree; nobody lends for retirement. Why the loan often protects the family better than the corpus.