TATA AIA Param Rakshak Pro or Sampoorna Raksha Supreme?
Call or WhatsApp Venkat: (91) 9384716268 (*Small consulting fee applies)
Do you believe in investing in or buying a pure-term insurance or a term-plus wealth creation product with a no-spam policy? Then, it’s better to consult, discuss the pros and cons of each product, and then only make a decision.
Most online platforms are driven by an aggressive sales process, which makes you invest without thinking much. That is why at VenkatFin, we request that our clients learn the pros and cons of any investment and then only proceed with investments.
What is TATA AIA Param Rakshak Pro?
The Tata AIA Life Insurance’s Param Rakshak Pro offers a multi-dimensional approach to life insurance and wealth management, catering to diverse investor profiles, including professionals and Non-Resident Indians (NRIs). The plan’s suitability largely depends on individual preferences and financial goals.
Consulting for Professionals and NRIs
Professionals and NRIs often seek advice on whether Param Rakshak Pro aligns with their financial objectives. The process involves an extensive consultation, often exceeding 30 minutes, to ensure they make an informed decision. Key factors influencing this decision include:
Mindset towards Wealth Creation and Term Plan: The plan combines life insurance with the potential for wealth creation through market-linked returns. This requires a comprehensive understanding of the individual’s risk tolerance and long-term financial aspirations.
TATA AIA Param Rakshak Pro – English Video
TATA AIA Param Rakshak Pro – Tamil Video
About TATA AIA Param Rakshak Pro?
The Tata AIA Life Insurance’s Param Rakshak Pro plan is a comprehensive life insurance solution, combining financial security and wellness benefits. It stands out for offering market-linked returns, a significant aspect for policyholders seeking investment growth along with life cover. Notably, the plan provides life coverage until the age of 100 years, ensuring extended security for the insured.
TATA AIA Param Rakshak Pro with Vitality Wellness Program
One of the key features of Param Rakshak Pro is its integration with the Tata AIA Vitality wellness program. This program aims to assist policyholders in maintaining their health, which is increasingly relevant in today’s fast-paced lifestyle. Participants in this program can potentially receive discounts on their rider premiums, thus promoting a proactive approach to health management.
Premium Paying Term
The policy also offers flexibility in terms of premium payments, with options for limited pay (Example – It could be 5,10,12, 20 years) or regular pay. This flexibility allows individuals to choose a payment plan that aligns with their financial capabilities and goals.
In terms of benefits, the plan provides a return on maturity, comprising the fund value at the end of the policy term plus the return of all rider premiums. This feature enhances the plan’s attractiveness by ensuring a financial return at the policy’s conclusion. Additionally, policyholders can avail tax benefits in accordance with applicable tax laws, further enhancing the financial viability of the plan.
Param Rakshak Pro is a blend of life insurance, investment, and wellness, tailored to meet the evolving needs of individuals seeking comprehensive coverage and financial growth. Its emphasis on wellness, flexibility in premium payments, and the promise of market-linked returns position it as a notable option in the realm of life insurance solutions.
Call or WhatsApp Venkat: (91) 9384716268