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

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For all Defendants, AGA has agreed to a $19.75 million Settlement Amount, from which aggrieved Class Members may receive Cash Payments. Claim by January 25, 2024, to receive an Allianz Settlement Payout.

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  • Allianz Settlement Payout Date
    • Assistance Fee Settlement Amount
    • How to Claim an AGA Class Action Settlement?
    • Who’s Eligible for Allianz Settlement Payout?
    • How Long does it take Allianz to Pay out?

Allianz Settlement Payout Date

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.

In order to address allegations that it illegally charged an assistance fee for travel and event protection plans sold through airline carriers and event ticket dealers, Allianz Global Assistance (AGA) consented to a $19.75 million settlement of a class action complaint.

Purchasers of specific travel and event ticket insurance plans from Allianz in California and Washington stand to gain from the Allianz Settlement Payout Date. February 22, 2024, is the date of the final approval hearing for the settlement of the AGA class action lawsuit.

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Assistance Fee Settlement Amount

Class members may be eligible to receive up to 75% of the assistance fees they paid for their Allianz event or travel protection plan(s) under the terms of the settlement. The amount of compensation will change based on when the policies were bought.

Refunds for plans purchased by members of the California class between September 4, 2016, and July 31, 2019, or by members of the Washington class between April 2, 2018, and April 7, 2020, will be 75%.

Claimants may be entitled to different compensation rates for each plan if they purchased multiple insurance during separate time periods.

  • Instead of receiving 75% refunds
  • Class members could receive 150% refunds
  • Similarly, 40% refunds could be doubled to 80% refunds

Members of the California class who purchase plans between August 1, 2019, and September 30, 2023, or members of the Washington class who purchase plans between April 8 and September 30, 2020, will receive a 40% refund.

Allianz Settlement Payout Date - Amount, Eligibility and How to claim - NCBlpc (1)

How to Claim an AGA Class Action Settlement?

To request a Cash Payment, fill out the Claim Form found on the Settlement Website or mail it to the Settlement Administrator. The form must be sent by mail or online before January 25, 2024. Forms that are fraudulent will be rejected as invalid.

  • To claim the form, navigate through https://assistancefeesettlement.com/.
  • You may locate the “File Claim” option here. Click on it to see the whole set of instructions for filing a claim.
  • In this section, you must enter your payment method, personal information, and any necessary attachments.
  • Verify all of your information again, then submit your form.
  • You might get a tangible check at the address you give when filing the claim, following the court’s approval.

Who’s Eligible for Allianz Settlement Payout?

Your claim is being submitted under the threat of perjury. Your submission of a bogus claim is also causing injury to other eligible Class Members. Do not submit a claim if you are not eligible for this settlement.

  • California class: Any resident of California who, for a trip or event within California, acquired one or more qualifying travel and/or event protection plans between September 4, 2016, and September 30, 2023, is eligible to participate.
  • Washington class: Residents of Washington who bought one or more qualified travel and/or event protection policies for a trip or event inside the state of Washington between April 2, 2018, and September 30, 2023, are considered members of the Washington class.

How Long does it take Allianz to Pay out?

As soon as your claim is processed, we will make payment; however, please be aware that it may take up to 10 working days for the money to show up in your bank account due to bank transaction timelines.

After receiving your claim, if we have all the necessary information, we will process it within 10 working days. Online claim status checks are simple and accessible at any time. Contact us by phone at 1-888-497-6992.

You can check your status more quickly if you know your claim number. Note that there is no assurance of payment when submitting a claim.

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

FAQs

How do I claim money from Allianz? ›

Allianz Global Assistance makes it simple. You can file a claim on the phone, by mail, online or using the TravelSmart app. Describe what happened, explain your losses, and upload supporting documentation, such as your travel itinerary and receipts. Then, choose how you want to receive payment for an approved claim.

How long does it take Allianz to pay out? ›

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.

How do I get my money back from Allianz? ›

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.

How much is the Allianz settlement payout? ›

For all Defendants, AGA has agreed to a $19.75 million Settlement Amount, from which aggrieved Class Members may receive Cash Payments. Claim by January 25, 2024, to receive an Allianz Settlement Payout.

How do I claim my insurance money? ›

Contact your insurer for the insurance claim process. Inform about the incident and provide all relevant information and documents as requested. This includes your policy number, date, and location of incident. You also need to provide medical records or police reports if any, and other evidence.

How long does it take to file an Allianz claim? ›

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.

How long does it take to receive a check from Allianz? ›

If you will receive the first payment outside of these timeframes, contact us to discuss your specific situation. Upon receipt of the required documents, we will process your claim within 10 business days or within the applicable state requirements.

Is Allianz good with claims? ›

Our Comprehensive Car Insurance customers rated their claim experience 4.4 out of 5 over the last year.

Is Allianz easy to claim? ›

Claims made easy

At Allianz, we are committed in ensuring that your insurance claims is made easy every step of the way so you can continue focusing on what's truly important in your life.

How do I check my Allianz account? ›

Login to MyHealth Digital Services or download the App to access your cover on the go. If this is your first time logging in, you will need to register first with your email address and policy number.

How do I check my Allianz policy online? ›

You can also view your policies by signing in to your account. To find your policy, please provide either your email address or your policy number. Your policy number can be found on your policy documents or in your confirmation email. You can also view your policies by signing in to your account.

What is not covered by Allianz travel insurance? ›

Claims due to known, foreseeable, or expected events, epidemics, government prohibitions, warnings, or travel advisories or fear of travel are generally not covered (coverage can vary by state.)

How do you calculate settlement amount for a claim? ›

To determine a potential settlement value, they first combine the total of medical expenses to date, projected future medical expenses, lost wages to date and projected future lost income. The resulting sum is then multiplied by the pain and suffering multiplier value to produce a projected settlement amount.

What is a settlement payout? ›

Your personal injury lawyer might settle your claim before you file a civil lawsuit. However, most legal settlements occur after the plaintiff files a lawsuit. A legal settlement typically ends with a payout to the plaintiff that covers most, if not all of the costs associated with a personal injury incident.

What is total settlement amount? ›

The Total Settlement Amount is the maximum amount that Defendant is obligated to pay under this Settlement Agreement in order to settle this Action, subject to the Court's approval.

Does Allianz pay claims? ›

Upon receipt of the completed claim form packet and certified death certificate, the Allianz Claims department will evaluate your claim within 10 business days (or within applicable state requirements). Depending on the option selected, payment will be sent to the beneficiary.

How to file a claim with Allianz ticket insurance? ›

To file a claim or get more info about Allianz Ticket Insurance:
  1. Visit their official website.
  2. Call them at (800) 496-0209.

How do I make a beneficiary claim? ›

To file a claim, the beneficiary will need to notify the insurance company's claims department. The claims department then sends a form for the beneficiary to complete and return along with the policy and a certified copy of the insured's death certificate.

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