- Death of the insured during the insurance period of validity:
If the insured is under the age of 14 - the amount of the insurance premiums currently paid plus the accumulated additionalprofitability.
If the insured is over the age of 14 - the insurance amount plus the additional profitability accumulated at the date of death.
- Permanent disability of the insured as a result of insurance accident which exceeds 30%:
The insured is released from his obligation for further payment of insurance premiums, while the insurance amount is retained in full.
Scope of the insurance
Allianz Child ProtectionInsurance protects your child and provides him with a initila start-up capital at the age of majority.
The insurance policy is concluded for persons up to the age of 13 years
BGN, EUR or USD
From 5 to 18 years.
The insurance period is determined depending on the age of the child so that upon maturity the child should be at the age of 18
Coverage of additional risks
The Accident Package allows you to choose the following additional coverage:
- Death as a result of an accident
- Temporary disability to work
- Medical expenses
Upon maturity Allianz pays the insurance amount to the child.
The insured is entitled to terminate the insurance policy prior to maturity and to receive the insurance policy surrender value.
The insurer (Allianz Bulgaria Life) is entitled to terminate the insurance policypursuant to the General Terms and Conditions.