Term Riders
If you are thinking of giving a little boost to your current life insurance plan, Allianz Life Term Riders is just the rider you want to consider.
Allianz Life offers 4 types of term riders:
- One Plus One (1+1): The rider provides financial security to the surviving family members should death befalls you during the term of the policy. Financial protection is also available should the life assured becomes totally and permanently disabled (TPD) before age 60. Additionally, it provides a lump sum of money to the insured for medical purposes should he/she be diagnosed as suffering from a critical illness during the term of the contract.
- Juvenile One Plus One (J 1+1): Similar to the above rider, J 1+1 provides protection should death, total and permanent disability (TPD) and critical illness occur to a juvenile life assured.
- Payor One Plus One (P 1+1): The rider provides financial security to the surviving family members should the payor dies during the term of the policy. Financial protection is also available should the payor becomes totally and permanently disabled (TPD) before age 60. Additionally, it provides a lump sum of money to the payor for medical purposes should he/she be diagnosed as suffering from a critical illness during the term of the contract.
- Level Term Rider (LTR): The rider provides financial security to the surviving family members should the life assured dies during the term of the policy.
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