Allianz Settlement Reviews: What You Need to Know and How to Claim

If you bought travel or event protection plans from Allianz Global Assistance between 2016 and 2023, you might be eligible for a cash payment from a class action settlement. Here’s what you need to know about the Assistance Fee Settlement Allianz Reviews and how to get your money.

What is the Assistance Fee Settlement Allianz?

The Assistance Fee Settlement Allianz is a proposed settlement of two lawsuits against Allianz Global Assistance, Jefferson Insurance Company, and BCS Insurance Company. The plaintiffs claimed that the defendants charged an illegal assistance fee on their travel and event protection plans, which included non-insurance assistance services such as 24/7 hotline, concierge, and medical referrals. The plaintiffs argued that these services were not worth the extra fee and that the defendants did not disclose the fee or its amount to the customers.

The defendants denied any wrongdoing and maintained that their plans were lawful and valuable. However, they agreed to settle the cases to avoid the cost and risk of further litigation. The settlement was preliminarily approved by the court in September 2023 and is awaiting final approval.

How much can I get from the Assistance Fee Settlement Allianz?

The settlement provides a total of $19.75 million to the class members, who are the customers who bought travel and event protection plans from Allianz in California or Washington between certain dates. The exact amount of your payment depends on the state where you bought the plan, the date of purchase, and the number of claims filed.

If you bought a qualifying plan in California, you can get 75% of the assistance fee included in the plan price between September 4, 2016, and July 31, 2019, and 40% of the assistance fee included in the plan price between August 1, 2019, and September 30, 2023.

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If you bought a qualifying plan in Washington, you can get 75% of the assistance fee included in the plan price between April 2, 2018, and April 7, 2020, and 40% of the assistance fee included in the plan price between April 8, 2020 and September 30, 2023.

The assistance fee ranged from $3 to $25 per plan, depending on the type and duration of the plan. For example, if you bought a $100 plan in California in 2018 that included a $10 assistance fee, you can get $7.50 back from the settlement.

However, these amounts are subject to adjustment based on the number of claims filed and the available funds. If the total amount of claims exceeds the settlement fund, the payments will be reduced proportionally. If the total amount of claims is less than the settlement fund, the payments will be increased proportionally, up to 100% of the assistance fee.

How can I claim my payment from the Assistance Fee Settlement Allianz?

To claim your payment, you need to submit a claim form online or by mail by January 25, 2024. Additionally, you need to confirm that you bought a qualifying plan from Allianz in California or Washington during the relevant period.

You don’t need to submit any proof of purchase or payment unless you are asked to do so by the settlement administrator. However, you should keep your records in case of any dispute or audit.

What are the benefits of the Assistance Fee Settlement Allianz?

The Assistance Fee Settlement Allianz offers several benefits to the class members, such as:

  • A fair and reasonable compensation for the alleged overcharge of the assistance fee.
  • A simple and convenient process to claim your payment without any hassle or expense.
  • A release of any claims against the defendants related to the assistance fee issue.
  • A contribution of $100,000 to the National Consumer Law Center and the Public Justice Foundation, two non-profit organizations that advocate for consumer rights.

What are the drawbacks of the Assistance Fee Settlement Allianz?

The Assistance Fee Settlement Allianz also has some drawbacks that you should consider, such as:

  • A waiver of your right to sue the defendants individually or in another class action for the same or similar claims.
  • A possibility of receiving a lower payment than expected if the number of claims is high or the settlement fund is insufficient.
  • A delay in receiving your payment until the settlement is finally approved and no longer subject to appeal, which could take months or years.

What are my options regarding the Assistance Fee Settlement Allianz?

As a class member, you have four options regarding the Assistance Fee Settlement Allianz:

  • You can file a claim and receive a payment, as explained above.
  • You can exclude yourself from the settlement and retain your right to sue the defendants on your own. To do so, you must send a written request to the settlement administrator by December 27, 2023, stating your name, address, phone number, email, and a clear statement that you want to be excluded from the settlement. If you exclude yourself, you will not receive any payment from the settlement and you will not be bound by its terms.
  • You can object to the settlement and tell the court why you think it is unfair, inadequate, or unreasonable. To do so, you must send a written objection to the court, the settlement administrator, and the attorneys for both parties by December 27, 2023, stating your name, address, phone number, email, claimant identification number, confirmation code, the reasons for your objection, and any supporting documents or evidence. You can also appear at the final approval hearing on February 25, 2024, at 10:00 a.m. in the U.S. District Court for the Northern District of California, San Francisco Courthouse, Courtroom 2, 17th Floor, 450 Golden Gate Avenue, San Francisco, CA 94102, and speak to the judge about your objection. If you object, you will still be part of the settlement and bound by its terms, unless the court agrees with your objection and changes or rejects the settlement.
  • You can do nothing and give up your right to sue the defendants or object to the settlement. If you do nothing, you will not receive any payment from the settlement and you will be bound by its terms.
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How to Optimize Your Travel and Event Protection Plans

Now that you know how to claim your payment from the Assistance Fee Settlement Allianz, you might be wondering how to optimize your travel and event protection plans in the future. Here are some tips and tricks to help you get the best value and coverage for your money:

  • Compare different plans and providers before you buy.

  • You can use online tools and websites to compare the features, prices, and reviews of different travel and event protection plans and providers. Some of the factors that you should consider are coverage limits, exclusions, deductibles, co-payments, cancellation policies, and customer service.
  • Choose a plan that suits your needs and budget.

  • You don’t need to buy the most expensive or comprehensive plan if you don’t need it. For example, if you are traveling within your country or region, you might not need a plan that covers international medical expenses or repatriation. Similarly, if you are attending a low-cost or refundable event, you might not need a plan that covers event cancellation or interruption.
  • Read the fine print and understand the terms and conditions.

  • You should always read the fine print and understand the terms and conditions of your plan before you buy it. You should pay attention to the definitions, exclusions, limitations, and requirements of your plan. You should also check the validity period, activation date, and expiration date of your plan. If you have any questions or doubts, you should contact the provider and ask for clarification.
  • Keep your receipts and documents handy.

  • You should always keep your receipts and documents handy in case you need to file a claim or dispute a charge. You should keep your plan confirmation, policy number, contact information, itinerary, tickets, invoices, and any other relevant documents. You should also keep copies of your medical records, prescriptions, bills, and receipts if you incur any medical expenses during your trip or event.
  • File your claim as soon as possible.

  • If you need to file a claim, you should do it as soon as possible and follow the instructions provided by your provider. You should submit all the required documents and evidence to support your claim. You should also keep track of your claim status and communicate with your provider if you have any issues or concerns.
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By following these tips and tricks, you can optimize your travel and event protection plans and enjoy your trip or event without any worries. You can also save money and avoid any unnecessary fees or charges.

FAQs

Here are some frequently asked questions and answers about the Assistance Fee Settlement Allianz:

  • Q: How do I know if I am a class member?

  • A: You are a class member if you bought a travel or event protection plan from Allianz in California or Washington between September 4, 2016, and September 30, 2023, and you paid a price that included an assistance fee for non-insurance assistance services.
  • Q: How do I know how much I paid for the assistance fee?

  • A: The assistance fee was a percentage of the total plan price, which varied depending on the type and duration of the plan. The percentage ranged from 3% to 25%. You can find the percentage for your plan in the settlement notice or on the settlement website. You can also contact the settlement administrator at 1-800-123-4567 or [email protected] for more information.
  • Q: When will I receive my payment?

  • A: You will receive your payment after the settlement is finally approved by the court and no longer subject to appeal. This may take months or years, depending on whether there are any objections or appeals. You can check the status of the settlement on the settlement website or by contacting the settlement administrator.
  • Q: How will I receive my payment?

  • A: You will receive your payment by check or electronic transfer, depending on your preference. You can indicate your preference on the claim form. If you don’t indicate a preference, you will receive a check by mail.
  • Q: What if I have more questions?

  • A: You can find more information on the settlement website or by contacting the settlement administrator at 1-800-123-4567 or [email protected]. You can also consult a lawyer of your choice at your own expense.

Conclusion

The Assistance Fee Settlement Allianz is a great opportunity for you to get some money back from your travel or event protection plans. If you are eligible, you should file a claim as soon as possible and follow the instructions carefully. Don’t miss this chance to claim your share of the $19.75 million settlement!

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