The Precious Parasol, or Precious Umbrella, is a traditional Eastern symbol of both royalty and protection. It symbolizes protection from illness and other hazardous influences, as well as the abundance that can be found under its calm shade. The vertical handle of the umbrella is equated to the earth’s core axis, making the bearer the center and spiritual support of their own little world. A big umbrella is frequently pictured hovering over the Buddha’s head.