Allianz Malaysia Group Term Life Insurance
Partial and Permanent Disability (PPD) is supplementary coverage under Allianz Group Term Life insurance plan. Without any additional cost.
See below to read more about the Partial and Permanent Disability benefits in Allianz Group Term life insurance plan.
Click the button below to contact Allianz Insurance Agent Jeffrey Teoh, to answer your questions on this insurance plan.
What is Allianz Partial Permanent Disability Benefit?
Partial and Permanent Disability refers to a medical condition which affects the person from fulfilling their job responsibilities due to suffering losses. But still able to do some of the other tasks or jobs for a living.
Allianz Partial and Permanent Disability Benefit is an additional benefit under Allianz Group Term Life. Where the benefit will be paid if the employee suffers a permanent partial disability as a result of sickness, disease, illness, or accident.
Read here to know the differences between Partial & Permanent Disability and Total & Permanent Disability.
Importance of Partial and Permanent Disability Benefits
Partial and Permanent Disability Benefit benefits in Group Term Life is important in maintaining the insured member’s financial stability. It acknowledged the fact that the ability of the person to earn a livelihood might be compromised, even when he/she is not completely disabled.
This benefit can reduce the burden and help to support their ongoing financial responsibilities, such as medical bills, mortgages, and cost of living.
Allianz Partial and Permanent Disability Benefits
Schedule of Indemnities for Allianz Partial and Permanent Disability acts as a method to determine the amount of compensation that is entitled to the insured person. In the event of unfortunate accidents that result in suffering of a partial permanent disability.
Below is the sum assured that will be paid according to Allianz Schedule of Indemnities for Partial and Permanent Disability.
| 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 eye (whole) | 100 |
| Complete and irrecoverable loss of sight in one eye, except perception of light | 50 |
| Loss of lens of eye | 50 |
| Loss of speech | 50 |
| Loss of hearing (both ears) | 75 |
| Loss of hearing (one 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 (3) 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 |
Allianz Approach to Partial and Permanent Disability Benefit
Allianz Malaysia commitment in offering a comprehensive group insurance plan for employees can be seen through:
Extensive Coverage
Allianz Group Term Life insurance policies are designed to provide flexible coverage options that cover various degrees of partial permanent disability.
Accurate Assessment
Allianz conducts a rigorous assessment process to determine the extent of the partial permanent disability. This involves evaluating the medical reports, consulting with the experts, and taking into account the individual job and earning capacity.
Financial Support
Allianz Malaysia policy provides financial support to help the insured members for them cope with their lives after the incident. This includes the affected income and the medical expenses that may arise.
Learn More On Allianz Partial and Permanent Disability Benefit
To know more about Allianz Partial and Permanent Disability and the claim process, get in touch with our Red Cover 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.
At Red Cover Life Planning, we emphasize our people- helping them grow, expanding their abilities, and discovering new opportunities. Join us now to be part of our team and story.
