OneInsure Blog
Post By Shraddha Gala
Time to Gift Financial Independence to Your Sister
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Independence Day, Raksha Bandhan
Aug 15, 1947, was the day we Indians got freedom. Today, a lot of things have changed. From being one of the most backward countries in terms of development to being one of the fastest developing countries, things have changed and so have the people of India.
Coming to Raksha Bandhan, have your gifting ideas changed? Come on! Gone are the days when sisters were exhilarated by chocolates and clothes on Rakhi. Today, she can afford these short-lived happiness-givers all by herself. So, what special can you do this Raksha Bandhan to make your sister happy?
Here’s a suggestion: This year, gift your sister financial independence.
Why Gift Financial Independence?
Here are a few reasons why gifting financial independence to your sister is the best present she can receive:
- Financially-secured future
- Need not be financially dependent on her husband or children
- Can fight financial emergencies without panicking and can sleep soundly at night because she will not have to worry about her financial situation
- Can pursue her dreams independently
- Will know that her children will be provided for—financially at least—if she passes away
- Can treat her pension as bonus earnings rather than an essential means of survival
- Will be able to take risks—like quitting her job and launching a start-up—without losing quality of life
- Can retire when she wants to and live a financially independent life
Why wait? Here are a few short-listed financial gifts to gift your sister this Rakhi.
Gift Her a Health Plan
Buying her a health insurance plan will make sure her hospitalization expenses are taken care of. Buy a plan with adequate coverage. In return for inexpensive annual premiums that you can pay on her behalf every Raksha Bandhan, she is protected from over-expensive hospital bills and medical treatments.
Gift Her a Money-back plan
Buying her a money-back plan will make sure that she never faces issues like liquidity crunch because money-back plans pay a specific amount/percentage of the sum assured at regular intervals.
Gift Her a Pension Plan
By buying her a pension plan, you make sure that your sister receives regular income in the form of pension during her old age. By doing this, you ensure that your sister gets to live a better life during her golden years.
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Pick up your phone, dial 86559-86559, and talk to our financial experts to know the best (personalized) financial plan for your sister.
