Allianz PowerShield

Worried about your family's savings? Get an affordable term life insurance plan that'll guarantee a lump-sum cash payment with protection up till you reach 80 years old!

Allianz PowerShield
Min Sum Assured
Death Benefit
up to 100% of sum assured
Death Coverage
until age 80
Accidental Death Benefit
TPD Benefit
up to 100% of sum assured

How to Claim

Who do I contact if I have a question or emergency?

Allianz Hotline


Cover Term
Protection up to age 80
Premium Type
Flat rate. Stays the same throughout coverage term.
Plan Renewal
Option to renew plan option to renew without evidence of insurability at every policy expiry if you select the 5-year coverage term
Income Tax Relief
Up to a maximum of RM3,000 a year.


How will Allianz help to secure your family's financial future?

Main CoverageCoverage PeriodAm I Protected?
  • up to 80  years old
  • Yes , up to RM4m  
Total and Permanent Disability (TPD)
  • up to 65  years old
  • Yes , up to RM4m  

Enjoy the full benefits of your insurance plan with great add-on coverage

Add-on CoverageAm I Protected?
Critical Illness Coverage
Early Payout for Critical Illness
Personal Accident
Hospital Cash Benefit
Premium Waiver


Minimum Entry Age
At least 16 years of age
Maximum Entry Age
At most 65 years of age
Coverage Expiry Age
At most 80 years of age

More Information

What do I need to know about the Allianz PowerShield?

PowerShield is a flexible term life insurance policy by Allianz which provides coverage upon your death or total and permanent disability. 

Should you die or become permanently disabled while being Allianz PowerShield policyholder, you or your loved ones will get a lump-sum cash payment of up to RM8 million to secure the financial well-being of your family.

How much do I need to pay for my premiums?

Once you've decided on your basic sum assured, your premiums are fixed through the coverage period, but the rates will depend on your age, gender, occupation, coverage term, and other lifestyle factors determined by Allianz.

Can I get additional protection with Allianz PowerShield?

Yes, you can pay extra for add-on riders for even more coverage. The riders that can be added to your PowerShield policy are early cash payments for any of the 36 critical illnesses, accident indemnity, personal accident, hospital benefit, and dreaded disease premium waivers.

Is this insurance policy renewable?

Allianz PowerShield offers flexible coverage terms ranging from 5 years until you reach 80 years of age. You may renew your Allianz PowerShield policy upon maturity, but you’ll have to inform Allianz at least 3 months in advance before the expiration of your policy.

What are the requirements?

To buy this term life insurance policy, you have to be between 16 and 65 years of age. The maximum renewal age for this policy is 60 years old.

Can I convert PowerShield to a permanent whole-life plan?

Yes, you can do so by purchasing an endowment or whole life plan from Allianz without further underwriting. However the sum assured of the new policy cannot exceed the current policy.

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