Allianz GTL Rider- Accidental Death and Disablement (ADD)
Allianz Group Accidental Death and Disablement (ADD) is the optional rider of the Group Term Life insurance plan.
The company or employer must have Allianz Group Term Life to add this additional rider.
Click the button below to contact Allianz Insurance Agent Jeffrey Teoh, to answer your questions on this insurance plan.
Or send in an enquiry. We will contact you to create the best insurance quotations to fit your employee benefits plan needs.
Allianz GTL Accidental Death and Disablement
Allianz Group Term Life (GTL) is often provided to employees as part of employee benefits. As it provides a financial safety net against death, total and permanent disability, partial and permanent disability, or terminal illness.
In the event of any accidental death or serious injury that results in permanent disability, the benefit will be paid in a lump sum to the family member.
Allianz Accidental Death and Disablement
Allianz Accidental Death and Disablement (ADD) helps to supplement the basic coverage of the Group Term Life (GTL) insurance plan. It ensures the employee gets enhanced protection coverage that provides a higher level of financial security.
The additional coverage from Allianz Accidental Death and Disablement (ADD) also provides extra peace of mind for both the employee and their family. They will be more at ease knowing that they will receive financial support in case anything unfortunate happened.
Allianz Accidental Death and Disablement Schedule of Indemnities
For any accidental death and disablement, the sum assured will be paid according to the indemnity during the accident. See below for the types of disablement and the percentage of the sum assured by Allianz.
Item 1
| Description of Disablement | Indemnity expressed as a percentage of the sum assured (%) |
| Accidental Death | 100 |
Item 2
| Description of Disablement | Indemnity expressed as a percentage of the sum assured (%) |
| Loss of both hands | 100 |
| Loss of both feet | 100 |
| Complete and irrecoverable loss of sight in both eyes | 100 |
| Loss of one (1) hand and one (1) foot | 100 |
| Injuries resulting in permanently being bedridden | 100 |
| Any other injuries causing Total and Permanent Disability | 100 |
| Complete and incurable paralysis | 100 |
Item 3 (Other Permanent Disablement)
| Description of Disablement | Indemnity expressed as a percentage of the sum assured (%) |
| Loss of arm at shoulder | 100 |
| Loss of arm between shoulder and elbow | 100 |
| Loss of arm at elbow | 100 |
| Loss of arm between elbow and wrist | 100 |
| Loss of hand at wrist | 100 |
| Loss of leg at hip | 100 |
| Loss of leg between knee and hip | 100 |
| Loss of leg below knee | 100 |
| Loss of eye – whole | 100 |
| Complete and irrecoverable loss of sight in one eye except for perception of light | 50 |
| Loss of lens of eye | 50 |
| Loss of speech | 50 |
| Loss of hearing – both ears | 75 |
| Loss of hearing – one (1) ear | 25 |
| Loss of four (4) fingers and thumb of one (1) hand | 50 |
| Loss of four (4) fingers | 40 |
| Loss of thumb – both phalanges | 25 |
| Loss of thumb – one (1) phalanx | 10 |
| Loss of index finger – three (3) phalanges | 10 |
| Loss of index finger -two (2) phalanges | 8 |
| Loss of index finger – one (1) phalanx | 4 |
| Loss of middle finger – three (3) phalanges | 6 |
| Loss of middle finger – two (2) phalanges | 4 |
| Loss of middle finger – one (1) phalanx | 2 |
| Loss of ring finger – three (3) phalanges | 5 |
| Loss of ring finger – two (2) phalanges | 4 |
| Loss of ring finger – one (1) phalanx | 2 |
| Loss of little finger – three (3) phalanges | 4 |
| Loss of little finger – two (2) phalanges | 3 |
| Loss of little finger – one (1) phalanx | 2 |
| Loss of metacarpals – first or second (additional) | 3 |
| Loss of metacarpals – third, fourth or fifth (additional) | 2 |
| Loss of toes – all | 15 |
| Loss of toes – great (both phalanges) | 5 |
| Loss of toes – great (one (1) phalanx) | 2 |
| Loss of toes – other than great if more than one (1) toe lost, each | 1 |
To learn more about Accidental Death and Disablement (ADD) for Allianz GTL and other Allianz group insurance, get in touch with Red Cover’s expert Allianz insurance agent.
Contact Allianz Insurance Agents for Group Insurance
Jeffrey Teoh has over 20 years of distinguished working experience with the best group insurance company in Malaysia. Contact Jeffrey on his mobile phone at +60102719089. He can work with you to create the best plan to meet your employee benefits program and group insurance budget plans.
Or send in the form below for Jeffrey to call you to scope your needs for a quotation.
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