Allianz Life offers a wide range of group plans encompassing the Group Life, Group Funeral and Credit Life Plan designed to meet your unique needs and add value to your business by minimising risk.
Allianz Credit Life Assurance is a policy with the key objective of providing additional cover and security to financial institutions that provide loans and other forms of credit facilities (such as personal loans, high purchase loans, finance leasing etc.) to individual consumers (Credit Life Plan) or to companies and business owners (Keyman/SME Protection Plan).
This policy reimburses the financial institution with the outstanding loan amount upon the occurrence of any of the insured events such as the death of the individual consumer or the key member/decision maker of the business.
These schemes reimburse to the creditor, outstanding balances when events such as death, disability, critical illness or retrenchment befall the individual customer or the key member/ decision maker of the business.