Allianz Settlement Payout Date - Amount, Eligibility and How to claim - NCBlpc (2024)

FAQs

Allianz Settlement Payout Date - Amount, Eligibility and How to claim - NCBlpc? ›

AGA has agreed to a $19.75 million Settlement Amount to settle the Actions on behalf of all Defendants, with the possibility of Cash Payments being made to affected Class Members. To be eligible for a Cash Payment under the Settlement, a claim must be filed by January 25, 2024.

Under the settlement terms, class members can receive up to 75% of the assistance fees they paid as part of their Allianz travel or event protection plan(s). Compensation amounts will vary depending on when the plans were purchased.

You'll receive your funds through the payment method you selected when you filed your claim. If for some reason the direct deposit or debit card payment fails to go through (this can happen if your account number is incorrect), you'll receive a check to the address we have on file for you.

(April 1, 2021) - Allianz Global Assistance and two other insurers must face a proposed class action alleging they misled consumers who bought insurance on ticketing and travel websites by not adequately disclosing an additional fee, a California federal judge has ruled. Elgindy et al. v. AGA Service Co.

If you cancel your trip for a Covered Reason, you must notify Allianz Global Assistance and your travel supplier(s) within 24 hours of the cancellation to qualify for full reimbursem*nt. Allianz Global Assistance can be reached at 1-844-310-1578 for assistance with opening your claim.

Claim payments are issued by us right after your claim is processed: however, please note that, depending on the bank transaction timelines, the payment can take up to 10 working days to appear in your bank account.

We want our customers to be happy with the protection they purchase! If you're not completely satisfied with your travel insurance plan, you have up to 15 days (or longer, depending on your state of residence) to request a refund, as long as you haven't departed for your trip or filed a claim.

In most instances, an adjuster will inspect the damage to your home and offer you a certain sum of money for repairs, based on the terms and limits of your homeowner's policy. The first check you get from your insurance company is often an advance against the total settlement amount, not the final payment.

Allianz will likely reject your claim if you take too long to file. In most cases, you have only 90 days from the date of your loss to file a claim with the company.

Direct Deposit: You should receive your direct deposit within 2-5 business days, once your claim is approved for payment. Debit Card: We'll send payment to your debit card immediately, once your claim is approved. Your funds may not show up right away, as your bank may require time to process the transaction.

Is the Allianz settlement real? ›

Yes, the Allianz Global Assistance travel protection class action lawsuit settlement is real.

Plaintiffs Adam Elgindy and Julianne Chuanroong bring this putative class action on behalf of themselves and other consumers who purchased an event ticket insurance policy or a trip, travel, or flight insurance policy from Defendants during the class period.

One court resolves the issues for all members of the class. California Superior Court Judge Maren E. Nelson certified this case as a class action in July 2020, and has continued to maintain the case as a class action.

Make a claim online or call 13 10 13 and one of our friendly consultants will help you with the claims process. You can choose your own repairer¹. For more information about choice of repairer, refer to your PDS for full details.

Money back plans mean that money is returned to the life insured as a survival benefit after a set period. When the policyholder survives the policy term, the money back is guaranteed. In the event of the policyholder's death, the nominee receives the amount guaranteed as well as any accumulated bonuses, if any.

The hiring process at Allianz takes an average of 21.6 days when considering 148 user submitted interviews across all job titles.

This class action settlement (the “Settlement”) will resolve the Actions against AGA Service Company (d/b/a Allianz Global Assistance), Jefferson Insurance Company, and BCS Insurance Company (collectively, “Defendants”).

A New York judge ordered a unit of Allianz SE to pay about $6 billion as punishment for misrepresenting the investment risk posed by a group of hedge funds, imposing a sentence agreed more than a year ago as part of a plea deal.

One court resolves the issues for all members of the class. California Superior Court Judge Maren E. Nelson certified this case as a class action in July 2020, and has continued to maintain the case as a class action.

Yes, the Allianz Global Assistance travel protection class action lawsuit settlement is real. California and Washington residents who purchased Allianz travel and event insurance plans may be eligible to get settlement money. Here's how to file a claim.