Tata AIA Param Raksha Life Pro

Tata AIA Param Raksha Life Pro is a comprehensive life insurance plan designed to offer long-term financial security while combining the benefits of life coverage with market-linked returns for wealth creation. It provides flexible premium payment options and extensive protection against unforeseen circumstances.

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10.5 Crore Registered Consumer

5.3 Crore Policies Sold

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₹1 Crore Life cover starting from ₹478/month⁺

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TATA AIA Param Raksha Life Pro- Plan Overview:

TATA AIA Param Raksha Life Pro plan offers life insurance coverage for up to 100 years, allowing you to secure your family's future. This newly launched plan offered by TATA AIA Life Insurance comes with multiple premium payment options—Regular Pay and Limited Pay, and allows you to choose from various fund options for growth. In case of an unfortunate event, the plan provides additional coverage for accidental death, permanent disability, and more.

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 13/day⁺

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day⁺

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day⁺

Key Features of TATA AIA Param Raksha Life Pro

Flexibility to choose between Regular Pay or Limited Pay.
Multiple fund options and Enhanced SMART portfolio strategy to grow your savings.
Additional Sum Assured in case of Accidental Death or Total and Permanent Disability.
Enjoy premium discounts of up to 10% in the 1st year and annual renewal discounts based on your wellness status.
Eligible for tax benefits under applicable laws.

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%^#

Compare 40+ plans from 15 Insurers

⁺Standard T&C Applied

TATA AIA Param Raksha Life Pro Eligibility Criteria

Parameters	Minimum	Maximum
Age at Entry	18 years	65 years
Maximum Age at Maturity	Base Cover – 100 years Term Booster – 100 years ADB and ATPD – 85 years
Policy Term	30 years	82 years
Premium Payment Term	5 years	67 years
Sum Assured	Base (Life cover), including Term booster rider - ₹50 Lakhs ADB and ATPD - Same as base	Base (Life cover), including Term booster rider - No Limit ADB and ATPD – ₹5 Crores

Benefits of TATA AIA Param Raksha Life Pro

Below are some of the benefits of the TATA AIA Param Raksha Life Pro Plan:

Life Insurance Coverage: This life insurance policy provides a lump sum benefit to your beneficiaries in case of your untimely death, ensuring your family is financially secure even in your absence.
Accidental Death & Disability Benefits: If you pass away or suffer permanent disability due to an accident, this plan pays an additional sum assured, with double the benefit if the accident occurs in public transport.
Terminal Illness Cover: In the unfortunate event of being diagnosed with a terminal illness, 10% of your death sum assured is paid to you, helping manage medical expenses during a difficult time.
Maturity Benefit: Upon policy maturity, you receive the total value of your fund, plus any rider premiums paid during the policy term, helping grow your savings over time.
Vitality Wellness Rewards: By participating in the Tata AIA Vitality program, you earn rewards and premium discounts, incentivizing you to stay healthy and reduce insurance costs.

Sample Premium Illustration of TATA AIA Param Raksha Life Pro

Here’s a table for the Sample Premium Illustration for different age groups for the policy term of 50 years:

Age	PPT	PT	SSR Supreme (₹)	TB (₹)	ATPD (₹)	ADB (₹)	Total Health Buddy Premium (₹)	Total Premium (₹)
35	5	50	68,182	14,530	12,510	20,880	47,920	1,16,102
35	10	50	1,01,124	8,190	7,020	11,790	27,000	1,28,124
35	12	50	86,538	7,030	6,030	10,080	23,140	1,09,678
35	15	50	73,171	5,900	5,040	8,460	19,400	92,571
35	50	50	67,164	3,250	2,790	4,680	10,720	77,884
45	5	40	2,81,250	23,820	11,070	18,360	53,250	3,34,500
45	10	40	1,76,471	13,180	6,120	10,170	29,470	2,05,941
45	12	40	1,47,541	11,320	5,310	8,730	25,360	1,72,901
45	15	40	1,34,328	9,500	4,410	7,290	21,200	1,55,528

How to Buy Tata AIA Term Insurance Plans from Policybazaar?

Step 1: Visit the official Policybazaar website and go to the "Term Insurance" section.

Step 2: Fill in your details, including your name, contact information, gender, and date of birth.

Step 3: Provide additional information about your employment, annual income, educational background, and smoking/tobacco use habits.

Step 4: Select the Tata AIA term plan from the available list of options.

Step 5: Complete the payment process using your preferred payment method to finalize your purchase.

FAQs

Q: What is the Term Booster in Tata AIA Param Rakshak Pro?

Ans: The Term Booster in Tata AIA Param Rakshak Pro gives additional coverage if the life insured is diagnosed with a terminal illness, offering 10% of the sum assured under the life insurance policy. Let me know if you need any more details on this!
Q: How can I earn rewards through the Wellness Program of my TATA AIA Param Raksha Life Pro Plan?

Ans: The Wellness Program rewards you for improving your Wellness Status by advancing through levels based on the points you earn. You earn points by completing online health assessments and hitting daily and weekly fitness goals. As a reward, you get an upfront discount of up to 10% on your life insurance rider premiums for the first policy year. Plus, you can earn additional rewards as you progress through the program.
Q: What will happen to my TATA AIA PARAM RAKSHA PRO Policy if i die during the policy term?

Ans: Suppose you pass away during your Tata AIA Param Raksha Pro policy term. In that case, your nominee or beneficiary will receive a lump sum benefit, which is the sum assured under the life cover, ensuring financial protection for your family. Additionally, if you have any riders, such as Accidental Death or Total & Permanent Disability, the applicable benefits would be paid out per the policy's terms. The Term Booster (if selected) would also pay 10% of the sum assured in case of terminal illness, depending on the circumstances at the time of death.

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˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

Women

+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

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