PIMCO’s Trademark(s) are trademarks of PIMCO and have been licensed for use by SPDJI and Allianz. Allianz has been good to me for more than 5 years. How can the policy provide your beneficiaries with financial reassurance? Allianz Life Insurance Company was initially founded back in the year 1890. Death benefit option C (return of premium): Your death benefit will be equal to the specified amount plus the premium you have paid into the policy. Opening Thoughts About the Allianz Life 360 Fixed Indexed Annuity. Products:Allianz’s life insurance, annuities, and retirement tools pair well together, allowing you to work … These trademarks have been sublicensed for certain purposes by Allianz Life Insurance Company of North America (“Allianz”). Index Variable Annuities Although an index may affect your interest credited, you cannot buy, directly participate in, or receive dividend payments from any of them through the policy. The expense charge is deducted from the current accumulation value for the first 15 policy years, or through age 32 for juveniles. For explanations of each rider and any potential costs and/or restrictions, see the product profile. Allianz products are neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the EURO STOXX 50 or its data. The index allocations that offer the interest bonus will generally have lower caps and participation rates. The PIMCO Synthetic Bond Index is comprised of a small number of derivative instruments designed to provide exposure to U.S. investment-grade and Treasury bond markets. Allianz LifePro+ Advantage Forms DOL COMPLIANCE CERTIFICATION ALLIANZ LIFEPRO+ ADVANTAGE LONG FORM APPLICATIONS (Excluded CA & FL) ALLIANZ LIFEPRO+ ADVANTAGE LONG FORM APPLICATIONS Please note: The Allianz Life Pro+ Elite application forms vary Caps and/or participation rates will vary depending on the option selected; ask your financial professional for the current rates. THIS is THE BEST Kept Secret in the Industry The Russell 2000® Index is a trademark of Russell Investments and has been licensed for use by Allianz Life Insurance Company of North America. I currently have a 140% level but don't like the IMO and am looking for a change. Bloomberg or Bloomberg’s licensors own all proprietary rights in the Bloomberg US Dynamic Balance II ER Index and/or the Bloomberg US Equity Custom Futures ER Index (“Indices”). Indexes can have different constituents and weighting methodologies. Allianz products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or PIMCO and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the PIMCO Tactical Balanced Index. The death benefit increase is taxable. Allianz launches its newest IUL Accumulation product – Life Pro+ Advantage. Bonused products may include higher surrender charges, longer surrender periods, lower caps, or other restrictions that are not included in similar products that don’t offer a bonus. In order to tune Life Pro+ Advantage IUL for maximum illustrated performance under AG 49-A, Allianz added a new suite of indices so-called Classic allocations that have a 0.9% guaranteed interest bonus in all years. Tax laws are subject to change and you should consult a tax professional. Asset charge: 1% annual asset charge if Select indexed allocations are chosen. The Allianz Life Pro+ Survivor Fixed Index Universal Life Insurance policy is a good and cost effective way to insure two individuals at the same time. How much indexed interest your policy can earn may be limited by a cap. The days of every company offering a pension are fast disappearing, and with the future solvency of Social Security benefits rapidly coming into question, it is likely that you will need a diversified strategy to fund your future. The DPSC is given to you by Allianz when your contract goes into effect, although it can change. Please refer to the Life Pro+ Advantage product profile for details on these benefits, which may be taxable. Product and feature availability may vary by state and broker/dealer. Chronic Illness Accelerated Death Benefit Rider, Terminal Illness Accelerated Death Benefit Rider. Allianz Life Pro Plus. Would anyone be willing to tell me if I can go direct or go under an IMO to write Allianz IUL business. Ask your financial professional for the current interest rate. Monthly expense charge: The expense charge is a per $1,000 charge of your policy’s specified amount, and is based on factors such as the insured’s gender, age, specified amount, and risk class. This option can only be elected at issue. He touts it as the best as far a tax hit goes for a long-term investment. You must be age 80 or younger to purchase Life Pro+ Advantage. Allianz Life Pro+ Fixed Universal Life Insurance is the main life product for individuals. Plan(s) Underwritten by BCS Insurance Company or Jefferson Insurance Company depending on insured’s state of residence. There are several ways to access your available cash value without incurring surrender charges: May not be available in all states and the name may vary by state.         • Policy years 1-9: 14% of premium Here’s a quick recap of some of the company’s most advantageous attributes: 1. Allianz products are not sponsored, endorsed, sold, or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates make any representation regarding the advisability of investing in such product. AGA Service Company is the licensed producer and administrator of these plans. - For premium up to standard premium amount: Not all bonuses guarantee that a policy will be credited with an interest bonus every year as some are based on the growth of an index. The U.S. Equity Futures Custom Index provides exposure to large cap U.S. stocks in excess of a benchmark rate. In addition to providing death benefit protection, the new product features also provide more options for clients and new sales tools for the financial professionals who sell the … As you can see, there are several benefits to partnering with Allianz for your life insurance needs. Please Join Jeff Wick with Allianz! Term Pro+: Allianz’s one term life offering is the Term Pro+ policy. Discover The Allianz Advantage. I've never paid a … In the event that the Index is no longer available to the Product or Product owners, the Company may seek to replace the Index with another suitable index, although there can be no assurance that one will be available. Fees. • S&P 500® Index: 500 stocks representing major U.S. industrial sectors. View Guidelines. LTCi Agents, uncover the solution to the looming Medicare crisis now! Power 2019 Life Insurance Study (P64339). Description. current Allianz Life Rate Watch, which can be found at www.allianzlife.com or by calling the Life Case Design Team at 800.950.7372. A provider of fixed index annuities, Allianz Life is part of Allianz SE, a global company involved in the financial services industry with over 142,000 employees in more than 80 countries. Life Pro+ Advantage provides flexibility and access to the cash value via policy loans and withdrawals 3 while the insured is living. Life. Death benefit option A (level): Your death benefit will be equal to the specified amount. 2 May not be available in all states and the name may vary by state. The bonus rate is established at issue and is guaranteed for the policy year. There are a variety of indexed allocations available – including some that offer the opportunity for bonus potential (see next section). Annual point-to-point with a participation rate, Classic: The S&P 500® Index (S&P 500®) is comprised of 500 stocks representing major U.S. industrial sectors. You have the flexibility to choose which death benefit option best suits your needs. The Bloomberg US Equity Custom Futures ER Index is designed to provide exposure to large-cap U.S. stocks in excess of a benchmark rate. 2 Policy loans and withdrawals will reduce the available cash value and death benefit and may cause the policy to … If their past and present are any indicators, your life insurance is in good hands with Allianz. My money is safe from market losses and I really like the growth, bonuses and income benefits. You may select index options and crediting methods in 1% increments, and change your selections on any policy anniversary. Death benefit option B (increasing): Your death benefit will be equal to the specified amount plus the accumulation value. The maximum discount factor is determined by the life expectancy of the insured and the discount factor at the time of acceleration. Like basic universal life, this policy has a death benefit that can be left to the beneficiary income-tax free, as well as paying for final expenses and other costs left behind after death. The Allianz Life Index Advantage Annuity can provide the ability to attain a nice amount of growth, while also limiting the amount of loss that can be incurred in a given time period. I was approached cold by a rep for Allianz about this plan (6 index universal life). There is a fee charged as a discount factor against every accelerated payment if the rider is exercised. Will Vaccines Protect Against New COVID Strain? Medicare crisis solved?! In addition to providing death benefit protection, the new product features also provide more options for clients and new sales tools for the financial professionals who […] Instead, you will potentially receive interest based on positive changes in the index(es) you’ve selected, subject to any caps (an upper limit on how much interest you can receive) and/or participation rates (the percentage of an index return that will be credited to your policy). • Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF, Products are issued by Allianz Life Insurance Company of North America, PO Box 59060, Minneapolis, MN 55459-0060. This choice includes an allocation restriction, meaning clients may not be able to allocate 100% of their accumulation value, if the fixed account goes below 1%. You can learn more about bonus opportunities further down the page. See how Simplicity Group is helping its agents meet with more clients. Allianz Life Pro+ Advantage SM Fixed Index Universal Life … Allianz offers fixed index universal life (FIUL) insurance, a type of permanent insurance that offers a death benefit for as long as your policy remains in force – typically that’s the rest of your life, assuming you pay the proper premium payments. Index allocation options may be subject to a cap and/or participation rate. How does the policy provide opportunities for tax-deferred accumulation? Talk to your financial professional to see if Allianz Life Pro+ Advantage is right for you. • Bloomberg US Dynamic Balance II ER Index: Shifts weighting between several indexes daily If the Bloomberg US Dynamic Balance II ER Index or PIMCO Tactical Balanced ER Index options are chosen, Allianz will establish the participation rate on each policy anniversary. Classic: 0.90% guaranteed flat rate bonus This could be an option for clients who are willing to pay a charge in return for a higher bonus and greater indexed interest potential. Life Pro+ Advantage provides flexibility and access to the cash value via policy loans and withdrawals3 while the insured is living. You also have the choice of various bonus opportunities.         • Policy years 10+: 4% of premium, - For supplemental premium in excess of standard premium amount: The company's greatest strength is its selection of annuity solutions, although its stellar financial strength is also another strong point for it. Credibility:Allianz is a company you can count on, with a phenomenal track record, strong credit ratings, and solid financial performance. The Russell 2000® Index is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000® Index, which is made up of 3,000 of the biggest U.S. stocks. Some indexes have multiple versions that can weight components or may track the impact of dividends differently. Minimum death benefit on the insured begins at $100,000, with a $65,000,000 maximum death benefit (subject to limitations). Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America. Bloomberg is not affiliated with Allianz Life Insurance Company of North America ("Allianz"), and does not approve, endorse, review or recommend the Allianz product. Life Pro+ Advantage provides a death benefit that’s … The EURO STOXX 50®, Europe's leading Blue-chip index for the Eurozone, provides a blue-chip representation of supersector leaders in the Eurozone. The Allianz Life Pro+ Elite index menu includes a fixed-interest option, the Bloomberg US Dynamic Balance Index II, the Allianz True Balance index and the PIMCO Tactical Balanced Index. 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