Allianz PNB Life Enhanced Coverage Guide for Coronavirus Disease 2019 (COVID-19)
With Additional Coverage at No Extra Cost!
Safeguarding the health, and financial well-being of our customers is our top priority. Due to the rising situation of the COVID-19 pandemic in the country, please be guided by our enhanced coverage to support your needs.
As part of our support, we will provide Extended Grace Period up to 75 days for all policy owners. Along with this, a Simplified Claims Procedure with Express Lane is also available for those affected by COVID-19.
PLANS: Health Dynamics, Critical Illness 100, Dread Disease Coverage is provided to the covered Critical Illness conditions, which does not include COVID-19.
PLAN: Allianz eAZy Health
Coverage for complications that will arise due to COVID-19 and will meet the criteria for Whole Person Impairment.
PLAN: ALL Plans with attached Daily Hospital Income Benefit rider Covered for in-patient hospitalization due to COVID-19.
PLUS: DOUBLE DAILY HOSPITAL INCOME BENEFIT (DHIB) due to COVID-19
The Daily Hospital Income Benefit is DOUBLED for hospitalization related to COVID-19 until June 30, 2020, capped at 30 days. This applies to all inforce policies with DHIB Rider as of March 13, 2020, except group insurance plans.
PLANS: Allianz Well!, Allianz Compass Covered for in-patient hospitalization due to COVID-19. Covered for unlimited telemedicine consultation and expert medical opinion.
PLUS: ADDITIONAL LUMP-SUM COVID-19 Diagnosis Benefit
Additional one-time lump sum diagnosis benefit of Php 50,000 to those insured with confirmed diagnosis of COVID-19 until June 30, 2020. This applies to all inforce policies of International Health Plans (Allianz Well! and Allianz Compass) policies as of March 13, 2020.
PLAN: Air Lite Coverage relates to accidents and injuries during air travel whether related to COVID-19 or not.
PLANS: Accidental Death and Dismemberment, Personal Accident Plan Coverage relates to accidents and injuries whether related to COVID-19 or not.
PLANS: Whole Life, Term, Endowment, Unit-Linked Plans Covered for deaths due to COVID-19. If Guaranteed Acceptance Endorsement (GAE) is attached, coverage is limited to accident 5 covered illness for the first 2 years.
PLUS: ADDITIONAL LIFE INSURANCE BENEFIT due to COVID-19
An additional PHP 50,000 or USD 1,000 as bereavement benefit shall be give in the event that the Insured's death is due to complications arising from COVID-19 until June 30, 2020. This is on a per life insured basis, applicable to all active policies as of March 13, 2020, except Air Lite and group insurance plans.
These additional benefits are for existing Allianz policy owners only as of March 13, 2020. For further clarity on the coverage of your Allianz plans, please contact your Life Changer.
Coverage for COVID-19 for Allianz plans are subject to terms and conditions.
We reserve the right to recall these initiatives if the situation worsens.