Allianz Prospekt with regular premium payment is a life insurance linked to investment into a basket of different investment funds with coverage in case of death of the insured. That gives you, the policyholder, the possibility of protecting your family in the event of the worst-case scenario, but also the possibility of return when you opt for cash value.
If you choose your child to be the insurance beneficiary, this policy provides protection during growing up and can be an excellent starting point for his or her education and becoming independent.
Depending on your expectations and the level of risk you are willing to take, when arranging insurance you can choose one of the three baskets of investment funds that determine the investment strategy, and whose return defines the cash amount when you surrender your policy: Active, Balance and Classic.