- Death of the insured:
The child is paid 50% of the agreed insurance amount.
- Permanent disability as a result of insurance accident:
The insured receives a percentage of the insurance amount equal to the disability percentage.
- Permanent disability 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 Growth Dowry Insurance is an investment made in favour of the child to ensure one of the most important moments in his life.
BGN, EUR and USD
From 5 to 18 years.
The insurance period is determined depending on the age of the child so that upon maturitythe 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.