3 Meaningful gifts to give your aging mom this woman’s day

Mar 12, 2018 | 8 months ago | Read Time: 2 minutes | By iKnowledge Team

This International Women’s Day, make your mom proud by showing her that she has raised you like she would have wanted to–strong and independent. In keeping with the sentiments of Women’s Day worldwide, empower your mother by gifting her financial investment plans and show her how much you love her.

Here’s to the one who helped you lay the very basic foundations of your life. Let’s look at some great gift options for you to consider for your mother:

  • Make her your life insurance beneficiary

Life insurance is an important financial tool that will help your family meet their financial needs in the event of your untimely demise. In case of your death, the insurer pays a specific amount of money to the beneficiary. By making your mother a beneficiary to one of your policies, she can be financially stable in your absence.

  • Buy a savings plan with regular returns

A steady income is important at any stage, even more so, for your mother in her retirement years. Gifting a savings plan that offers steady returns on maturity is an ideal gift on Women’s Day. For example, the Aegon Life Guaranteed Growth Insurance plan offers assured returns of 150% on premiums paid. The maturity term is for 10 years so if your mother is 50 years at the beginning of the policy, she can earn guaranteed returns during her retirement.

  • Clear off her debt

Nothing puts a smile on someone’s face like clearing debt. You may want to consider her financial status and help in clearing off any debt she might have, such as mortgage or personal loans.

Conclusion

Women’s day is a day to celebrate the success achieved by women over the years. The fruits of success have not come without challenges or hardship. Similarly, in the case of your mother. For all the efforts she has put in to raise you in the right manner, it is an opportune time to show her in deed that you care for her wellbeing. And gifting any of the above is a heartfelt way of saying how much you acknowledge and appreciate her in your life.


Calculate premium for your Term Plan

  • Y N
    • Annual Income
    • Sum Assured
    • Select Cover Upto Age
    • Name
    • Mobile
    • Email ID
Your Annual Premium for Aegon Life iTerm Insurance Plan
Prev
What is gender budgeting and its pros and cons?
Next
Investment options to gift your wife this Women’s Day

RELATED ARTICLES