Mumbai, Aug 21, 2025 :  Tata AIA Life Insurance, one of India’s leading life insurance providers, offers Tata AIA Param Raksha Life Pro+, a comprehensive life and wealth creation solution. Designed to meet the evolving protection, investment, and wellness needs of today’s customers. This plan offers a blend of life coverage with market-linked returns.

It comes with key features like:

·      Market-linked Wealth Creation: Invest in a wide range of Tata AIA Funds (Equity, Debt, Balanced) to grow your wealth based on your risk appetite.

·      Unlimited Free Fund Switching: Flexibility to switch between funds at no additional cost, anytime during the policy term.

·      Comprehensive Life Cover: Get financial protection to secure your family with a high sum assured in case of unfortunate demise.

·      Terminal Illness Cover: Advance payout of 10% of sum assured on diagnosis of a terminal illness with term booster

·      Accidental Disability Cover: Comprehensive cover in case of disability due to an accident

·      Accidental Death Cover: Comprehensive cover in case of death due to an accident

Param Raksha Life Pro+ is a unique plan that provides comprehensive financial protection to policyholders and their families. This life insurance policy includes a life cover, which offers a lump sum payout in case of the policyholder’s unfortunate demise during the policy term. This amount can help the family manage day-to-day expenses, repay existing loans, and maintain their financial stability.

In addition to life cover, the plan also includes disability protection, where a lump sum amount may be payable in the event of total and permanent disability caused by an accident, helping with long-term care, rehabilitation, or loss of income.

With Term Booster, you receive an advance payout of 10% of the sum assured upon diagnosis of a terminal illness. This early benefit can provide financial support for medical treatment or other immediate family needs during a difficult time, helping reduce the financial burden when it’s needed most.

A key advantage of Param Raksha Life Pro Plus is the flexibility it offers, where policyholders can choose between limited premium payment terms, starting as low as 5 years. Coverage is available up to 100 years of age, and entry is allowed for individuals between 18 and 65 years, making it accessible to a wide customer base, from young professionals to middle-aged individuals planning for long-term security.

The investment component of the plan is linked to market performance. Premiums paid toward the investment portion are allocated to funds managed by Tata AIA Life Insurance, giving policyholders the opportunity to build wealth over time. Depending on the fund selection and market performance, this component can generate potential returns to help meet future financial goals, such as retirement or children’s education.

To encourage long-term financial discipline and prevent early exits, the plan comes with a five-year lock-in period. This structure ensures that policyholders stay invested for a sufficient duration to build meaningful corpus growth and safeguard their long-term objectives. You also get unlimited fund switches to match your financial goals or adapt to market changes.

The plan also includes several optional riders that can enhance the coverage further. With features like Terminal illness cover, Return of premiums, Accidental Disability Cover,
Accidental Death Cover and unlimited free fund switching, Tata AIA Life Pro + plan ensures both security and flexibility. They can also benefit from tax savings under Sections 80C and 10(10D). 

All of these benefits together make Param Raksha Life Pro+ a comprehensive offering for customers who want insurance that provides a bit more than those basic benefit protections. It offers protection in the event of an unforeseen incident and wealth generation, with the added potential of wellness incentives that encourage customers to maintain good health and stay insured.

About Tata AIA Life  

Tata AIA Life Insurance Company Limited (Tata AIA) is a joint venture Company formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world, spanning 18 markets in the Asia Pacific region. Tata AIA reported a total Premium Income of INR 25,692 crore for FY24, up 25% from FY23. The Company continues to rank among the Top 3 Private Insurers in Individual Weighted New Business Premium (IWNBP) with an IWNBP income of INR 7,413 crore. The Individual Death Claims Settlement ratio improved to 99.41%. The Company also achieved industry-leading Persistency performance (based on premiums), ranking #1 in four out of five cohorts.

This advertisement is designed for combination of benefits of following individual and separate products named (1) Tata AIA Smart Sampoorna Raksha Supreme Unit Linked, Non-Participating Individual Life Insurance Plan (UIN: 110L179V02) and (2) Tata AIA Health Buddy, Non-Participating, Non-Linked, Individual Health Product (UIN: 110N183V01). These products are also available for sale individually without the combination offered/ suggested. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer the detailed sales brochure of respective individual products mentioned herein before concluding sale.

About the Tata Group  

Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.

Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture.

In 2023-24, the revenue of Tata companies, taken together, was more than $165 billion. These companies collectively employ over 1 million people.  

Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 26 publicly listed Tata enterprises with a combined market capitalisation of more than $365 billion as on March 31, 2024.

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR (1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR (2), and a 49% joint venture in India. In addition, AIA has a 24.99% shareholding in China Post Life Insurance Co., Ltd.  

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$286 billion as of 31 December 2023.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 42 million individual policies and over 18 million participating members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.