AllianZ Život

You can pay your insurance premium annually, biannually, quarterly or monthly, using payment slips and SEPA direct debit (SDD).

A minimum monthly instalment is EUR 27, and a minimum amount in the event of reaching the maturity date of the policy (the amount you wish to save) is EUR 2,500. When making the decision on the amount of payment, you should take several factors into account:

• think about your current standard of living an the standard you wish to have in the future.
• analyse your financial needs: write down your current and future financial obligations (e.g. loans, education of children, etc.), and subtract the expected future income (e.g. salary, savings, etc.) from that amount. The amount you get is the amount you should insure.
• insurance is a long-term commitment and it is advisable to analyse your possibilities, but also your financial needs.
• you should start as soon as possible, even with smaller payments, and save continuously.
  

Package A includes a payout of an additional amount in the event of disability and a payout of compensation for hospital stay due to an accident.
Package Z includes a payout of additional amounts in the event of occurrence of the three most frequent serious illnesses and a hospital stay due to any illness.
Package A+Z includes all cases from Packages A and Z.

If you wish to maintain the actual value of insurance throughout its duration, arrange the indexing in the amount of 2%, 3%, 4% or 5%. Each year the premium will increase by the selected percentage, and so will the total payout per policy.

The AllianZ Život insurance policy can be used as a loan repayment guarantee in the bank.

The so-called insurance capitalization is possible – based on your payments, a new, reduced payout amount is created. In that case, you do not need to continue making payments, but you are still insured until the expiry of the insurance policy. Insurance capitalization may be requested after 2 or 3 years (depending on the policy duration). Furthermore, you can also suspend insurance for a year, and during this period you do no have to pay the premium. After that period, with minor policy modifications, you can continue making your payments.

In that case, there is a possibility of policy buyout, but you will get less than you have paid up to that point, and the policy will be cancelled. It is important to highlight that in that case you and your beloved ones irrevocably lose the planned financial security in the future, as well as the support in all unpleasant situations, including the worst scenarios. A policy buyout can be requested after 2 or 3 years (depending on the policy period).    

It is the end date of the insurance policy.

Yes, it is important to start saving as soon as possible. Choose an insurance type with a double savings component.

You can choose insurance with double or triple payouts in the event of death.

You can change the amount you wish to save and the amount for payout in the event of death – without having to arrange a new policy.