Yes, the Allianz Global Assistance travel protection class action lawsuit settlement is real (2024)

FAQs

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

THE ANSWER

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

After the presiding judge reviews the settlement offer in a class-action lawsuit and determines that it is fair and adequate compensation, the settlement amount is divided. Depending on their participation in the class action lawsuit, the lead plaintiff receives their percentage first.

For a full refund of your premium, you must cancel within 15 days of your plan purchase (depending on your state of residence) and must not have filed a claim or departed on your trip. Premiums are non-refundable after this period.

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.

Depending on the incident and type of cover you have, we may organise to repair or replace your car, or pay out your claim. We finalise your claim, to help keep you moving.

Upon receipt of the required documents, we will process your claim within 10 business days or within the applicable state requirements.

Although joining together in a class action can be powerful, plaintiffs risk receiving a smaller individual payout if the award is distributed among many people. They may also lose their ability to bring an independent lawsuit if they are unhappy with the outcome.

You will receive a notice in the mail or email if you are an eligible class member. The notice will provide a detailed description of the lawsuit and all your available options. In most cases, eligible class members join the litigation automatically and do not have to take any action.

A class-action lawsuit settlement is the proceeds that are received from winning a class-action lawsuit. It is the monetary benefit paid out to the individuals that make up the class-action lawsuit.

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

Upon receipt of the required documents, we will process your claim within 10 business days or within the applicable state requirements.

It's easy to check your claim status anytime online. You can also call us at 1-888-497-6992. Having your claim number will make it faster to find your status. Keep in mind that filing a claim isn't a guarantee of payment.

We at the MarketWatch Guides team awarded Allianz Travel Insurance 4.1 out of 5 stars based on our provider review methodology. Named our pick for concierge services, Allianz offers 24/7 travel assistance through a multilingual team, which can help policyholders with travel and coverage issues while abroad.

If you participated in the Allianz Asset Management of America 401(k) Savings and Retirement Plan (the “Plan”) at any time from December 27, 2017 to September 11, 2023, you are part of a class action settlement. A Federal Court authorized this notice.

OLYMPIA — Attorney General Bob Ferguson announced today that Allianz, the world's largest insurance company, must pay $1.5 million for discriminating against 560 Washingtonians with mental or nervous health disorders. Allianz sells travel insurance to millions of Washingtonians.