Allianz Lebensversicherungs-AG review

Updated September 28, 2026 · AssureCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Allianz Lebensversicherungs-Aktiengesellschaft is a German insurer that suits people who want term life cover priced from €2.60 a month, with limits of 25,000-20,000,000 EUR and entry ages reaching up to 74 years. You deal with the insurer itself, and support runs on phone, email and chat while claims run on phone, chat and online form.

Key facts

Best for
Low entry premium for monthly term life cover bought direct from a German insurer.
Premium from
€2.60 (Source, checked September 26, 2026)
Insurance types
Life, Income-protection (Source, checked September 26, 2026)
Provider type
Insurer (Source, checked September 26, 2026)
Monthly payments
Yes (Source, checked September 26, 2026)
Cover limit
25,000-20,000,000 EUR (Source, checked September 26, 2026)
Claims channels
Phone, Chat, Online-form (Source, checked September 26, 2026)
Age range
up to 74 years (Source, checked September 26, 2026)
Legal entity
Allianz Lebensversicherungs-Aktiengesellschaft (Source, checked September 26, 2026)
Headquarters
Germany (Source, checked September 26, 2026)
Support channels
Phone, Email, Chat, Help-centre (Source, checked September 26, 2026)
Pricing model
Monthly
Official website
allianz.de

Apps and profiles

Elsewhere
LinkedIn

Pros and cons

Pros

  • Starting premium of €2.60 a month, under the comparison median €8.37.
  • Cover limits run 25,000-20,000,000 EUR, so the policy scales across a wide range of sums.
  • Monthly payments are available, so the cost is spread over the year instead of paid upfront.
  • Support runs on phone, email and chat, and claims on phone, chat and online form, giving live and written routes.

Cons

  • Monthly is the only payment model listed (monthly), so the payment schedule is a narrow choice.
  • The types listed are life and income protection, so the range stops at life and income protection cover.
  • Entry ages stop at up to 74 years, so applicants past that point sit outside the range.
Allianz Lebensversicherungs-AG

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Scored 9.4 / 10 by AssureCue.

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Who it suits

  • People in DE who want life or income protection and would rather hold the policy with the insurer than a broker, since the provider type is insurer
  • Anyone who wants the premium spread monthly rather than settled at once, since monthly payments are available
  • Applicants inside the entry ages of up to 74 years who want cover sized anywhere within 25,000-20,000,000 EUR

Who should look elsewhere

  • Not Linxea if the lowest monthly figure matters most, since Linxea starts at €25 against Allianz's €2.60
  • Not Oney Préstamos ES, whose starting premium of €1,000 sits well above Allianz's €2.60
  • Not Good Sam Insurance Agency if you want a wider spread of policies, since it covers auto, home and renters while Allianz lists life and income protection

How Allianz Lebensversicherungs-AG compares

Where Allianz Lebensversicherungs-AG is available

Available
Germany
Licence in Germany
Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much does the cover cost each month?+

Premiums start at €2.60 a month, and monthly is the payment model on offer (monthly). That sits under the comparison median €8.37, so entry pricing falls in the cheaper part of the market, with the exact figure depending on the cover you choose.

How much cover can I get?+

Cover limits run 25,000-20,000,000 EUR, so the policy can be sized for a modest sum or a far larger one. The range gives room to match cover to a mortgage, a dependants' income or a legacy, and the wider sums sit alongside €2.60 when the premium is worked out.

Who can take out this policy?+

Entry ages reach up to 74 years, which opens the policy to a broad band of adults rather than a narrow slice. The provider is an insurer based in Germany, and the cover types it lists are life and income protection, so the range spans life and income protection.

How do I report a claim?+

Claims run on phone, chat and online form, so you can report a claim by phone, by chat or through an online form, with a written channel as well as live ones. General support is a separate matter and runs on phone, email and chat, which adds email and a help centre to the mix.

Can I pay monthly or is there an annual option?+

Monthly payments are available, and monthly lists monthly as the model on this product, so the premium is spread across the year rather than settled in a single sum. That keeps the cash flow predictable, at the cost of a narrower payment choice.

Is this an insurer or a broker?+

It is an insurer, listed as insurer, and the legal entity behind the policy is Allianz Lebensversicherungs-Aktiengesellschaft, based in Germany. In Germany it is supervised by the Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), so your contract sits with the insurer itself rather than an intermediary.

How does the price compare with Linxea?+

Linxea's starting premium is €25 a month, well above Allianz's €2.60, so the Allianz figure suits a smaller monthly budget. On cost, the lower entry point is the main reason to start here, and both figures can be weighed against the comparison median €8.37.

Sources

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Allianz Lebensversicherungs-AG

Allianz Lebensversicherungs-AG

Low entry premium for monthly term life cover bought direct from a German insurer.

9.4/10See alternatives

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