Protect your income against an accident or an illness that prevents you from attending your usual occupation.
Income Replacement Insurance
Critical illness, injury and casualties can occur while you are anywhere and anytime. Depending on the severity of the accident you could end up with permanent disability, loss of limb or loss of life. Protecting yourself and your family while the main breadwinner is unable to work can save you a lot of extra stress.
Income protection insurance by Allianz protects you and your family by providing you with a lump sum payment if you can no longer attend your normal job because you are diagnosed with a critical illness, accident or permanent total disability.
Flexi CI is the latest additional insurance from Allianz. Through the Flexi CI program, insurance participants get protection against the risk of up to 168 critical illness conditions. If the insured, as the breadwinner, is diagnosed with a critical illness for the first time, the insured's family will get additional compensation.
Will the amount of life benefit you have prepared as an inheritance value will remain valuable against future inflation? Moreover, there is always the risk of permanent disability befall the breadwinner so that future financial plans can be scrapped.
Total Permanent Disability is an additional product from the insurance company Allianz, which offers protection in the form of compensation if the insurance policyholder experiences a total permanent disability due to illness or accident which results in loss of ability to earn a living.
The details of the waiting period for Policyholders are as follows:
