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20-Year ULIP Returns
Invest in Top Rated Funds.
Invest in Top Rated Funds.
The linked insurance product do not offer any liquidity during the first five years of the contract. The policy holder will not be able to surrender/withdraw the monies invested in linked insurance products completely or partially till the end of the fifth year.
When planning for the future, smart decisions are a must. A Unit Linked Insurance Plan (ULIP) assists you in saving money as well as protecting your family. With this, your wealth will grow over the years, and you will be able to provide life insurance benefits for your family over 20 years. It is a great way to ensure your family is secure while still achieving your investment goals.
What is the 20-Year ULIP Policy?
A Unit-Linked Insurance plan is a financial offering wherein the premiums you pay are split between two purposes: one part goes towards life insurance and the other is invested in equity, debt or balanced funds. This helps in growing your money as well as securing your family’s future.
In 20 years, your money will grow thanks to long-term returns and compounding. ULIPs also enable you to switch funds during the term, either to align with market trends or your goals. With TATA AIA’s ULIP plans, you also get tax benefits under Sections 80C and 10(10D) of the Income Tax Act, making them a smart choice for long-term planning.
How Does the 20-Year ULIP Policy Work?
Here’s how a 20-year ULIP Policy works:
Choose Allocation
Find out the risk you are willing to take and invest in funds. Equity funds are riskier and can help your money grow faster. Debt funds are safe but they offer lower rates of return.
Switching Funds
In case your financial needs or market conditions change, you can switch the funds during the policy term.
Compounding Over Time
The longer you stay invested, the more your money grows due to compounding.
Maturity Benefit
At the end of 20 years, you receive the fund value which you can use for instance for retirement, your child’s education or purchasing a property.
With discipline and investment for the long term, it is possible to meet financial goals and increase wealth over 20 years.
Why Choose a 20-Year ULIP Policy?
The 20-Year ULIP Policy would be ideal if you want money to grow even as you shield your loved ones. Here is why this scheme works:
Building wealth:
Investment helps to acquire the money back after a time of 20 years because of compounding.
Life Insurance Coverage:
It ensures that your family is financially secure in case the unthinkable happens.
Flexible Investments:
You may invest and realign your money based on prevailing market trends or changes in goals
Tax Saving:
You can save money on tax due to Sections 80C and 10(10D) of the Income Tax Act, 1961.
Long-Term Goals:
You can use this plan to meet your long-term goals, such as saving for retirement, your child’s education, or building a house.
Encourages Saving:
As the term period is long, it puts you in the habit of saving regularly.
TATA AIA’s ULIP Plans are designed to meet your financial needs while keeping your family protected.
How Are 20-Year ULIP Policy Return Rates Calculated?
The rates of return on a 20-year ULIP Policy depend on some factors. Here’s how they are calculated:
Fund Performance: The returns are based on the performance of your investment in the funds you have chosen, such as equity or debt funds.- Charges: Fund management and allocation charges will be deducted, which will reduce your overall returns.
- Compounding: Your earnings will be reinvested and will grow faster over time, especially over a longer period of 20 years.
- Investment Choice: You can invest in various types of funds. Equity funds have a higher return. However, they also carry a higher risk. Debt funds are more transparent but have lower returns.
- Market Trends: The returns of the policy also depend on how the market performs over the years. Fund switching can help maximize returns in different market conditions.
You can use TATA AIA’s ULIP calculator to estimate your potential returns based on your premium, chosen funds, and expected growth rate.
THE LINKED INSURANCE PRODUCT DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICY HOLDER WILL NOT BE ABLE TO SURRENDER/WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF THE FIFTH YEAR.
Past performance is not indicative of future performance.
All investments made by the Company are subject to market risks. The Company does not guarantee any assured returns. The investment income and price may go down as well as up depending on several factors influencing the market.
Please make your own independent decision after consulting your financial or other professional advisor.
Param Raksha Life Pro+ 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: 110L179V01) and (2) Tata AIA Vitality Protect Advance - A Non-Linked, Non- Participating Individual Health Product (UIN: 110N178V01).1 All funds open for new business which have completed 5 years since inception are rated 4 star or 5 star by Morningstar as of August 2024
2©2024 Morningstar. All rights reserved. The Morningstar name is a registered trademark of Morningstar, Inc. in India and other jurisdictions. The information contained here: (1) includes the proprietary information of Morningstar, Inc. and its affiliates, including, without limitation, Morningstar India Private Limited (“Morningstar”); (2) may not be copied, redistributed or used, by any means, in whole or in part, without the prior, written consent of Morningstar; (3) is not warranted to be complete, accurate or timely; and (4) may be drawn from data published on various dates and procured from various sources and (5) shall not be construed as an offer to buy or sell any security or other investment vehicle. Neither Morningstar, Inc. nor any of its affiliates (including, without limitation, Morningstar) nor any of their officers, directors, employees, associates or agents shall be responsible or liable for any trading decisions, damages or other losses resulting directly or indirectly from the information.
10As on 03rd April 2024, the company has a total Assets Under Management (AUM) of Rs.100,099.11 Crores
11Individual Death Claim Settlement Ratio is 99.13% for FY 2023-24 as per the latest annual audited figures.
1277,26,727 families protected till December ’23.
*5-year computed NAV for Multi Cap Fund as of December 2024. Other funds are also available. Benchmark of this fund is S&P BSE 200.
Insurance cover is available under the product.
The products are underwritten by Tata AIA Life Insurance Company Ltd.
The plans are not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance.
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
This blog is for information and illustrative purposes only and does not purport to any financial or investment services and do not offer or form part of any offer or recommendation. The information is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.
Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company.
Every effort is made to ensure that all information contained in this document is accurate at the date of publication, however, the Tata AIA Life shall not have any liability for any damages of any kind (including but not limited to errors and omissions) whatsoever relating to this material.
Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfilment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implications mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
- The information provided is for informational purposes only and not a substitute for professional advice. The Insurance Regulatory and Development Authority of India (IRDAI) is not responsible for any decisions made based on this information.
- By using online services, you agree to the insurer's terms and privacy policy.
- Policyholders should assess their needs independently before making any decisions regarding their insurance policies.
L&C/Advt/2025/Feb/0503
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