6 Empowering Gifts for Your Mother
Financial instruments can enable your mother to live life as she has always dreamed, whether it is organising her retirement, taking care of her health, or taking a much-needed vacation with her friends.
These seven intelligent and considerate financial Mother's Day gifts show care and safety, with long-term worth:
1) Health Insurance for Your Mom:
One of the most precious things you can give your mother is a complete health insurance policy. Try to find policies that provide cover for pre-existing conditions, cashless hospitalisation, and wellness benefits.
For elderly mothers, consider exclusive senior citizen health insurance policies offering increased coverage at reduced premiums specific to their age bracket. Don't miss the tax benefits, under Section 80d. Health insurance premiums for parents can save you taxes while taking care of them.
2) Maternity Insurance for Young Mothers:
If your sister or wife is a new or pregnant mother, maternity insurance policies are the best Mother's Day gifts for mom-to-be. Such policies pay for pregnancy, delivery, and the care of a new baby, reducing financial burdens during a life-changing phase.
By planning ahead, you safeguard her health and provide stability during a time marked by growing responsibilities and rising medical costs.
3) Life Insurance Plan:
A life insurance policy is an ageless present that guarantees your mother's financial freedom and tranquillity. Consider policies that provide benefits like accidental death, income replacement, etc.
The term insurance plans offered by Canara HSBC Life Insurance are not only affordable but also come with customisable options. We offer wide coverage with flexibility, optional riders to include several life stages and risks, and hassle-free claim settlement.
4) Fixed Deposit or PPF Account:
Secure, stable, and certain, Fixed Deposits (FDs) and Public Provident Fund (PPF) accounts are ideal for mothers who like traditional investment instruments. They have assured returns and are low-risk.
PPF accounts also give tax-free returns and Section 80c deductions. They're an ideal present on the occasion of Mother’s Day in 2025 for mothers approaching retirement, providing them with financial security and guaranteed income.
5) Gold or Digital Gold:
Gold is still one of the most valued means of investment in Indian homes. It is easier than ever to give gold, particularly digital gold, as a gift. It's a combination of the emotional aspects of traditional gifting and the ease of new-age investing.
Digital gold can be purchased in small amounts, kept securely online, and even redeemed as jewellery in the future. It's a perfect method to provide a culturally relevant but progressive gift for Mothers Day.
6) NPS or Retirement Plans:
Planning for your mom's retirement is the best present you can give her. The National Pension Scheme (NPS) and retirement schemes from Canara HSBC Life Insurance help her accumulate a pension corpus with tax advantages and assured returns.
These plans provide monthly payments and can be tailored according to her retirement requirements and lifestyle expectations. It's not money alone, it's the guarantee that her golden years will be golden.
