Friday, August 21, 2009


Allianz Life introduces variable annuity product

Allianz Life Insurance Company of North America has rolled out a pair of new living benefit riders for its top-selling variable annuity, Allianz Vision.

The deferred variable annuity and its optional riders provide retirement income for life while offering the potential to increase income in varying market conditions through annual payment increases, a unique feature offered only by Allianz Life, which is based in Golden Valley.

One of the riders is Income Protector, which offers a lifetime income benefit to help consumers build a protected source of income with a guaranteed growth rate and annual payment increases based on positive contract value performance.

The other is Investment Protector, which offers an accumulation benefit that protects assets and locks in 95 percent annual gains, and incorporates a life-cycle investment strategy...

Finance and Commerce: Allianz Life introduces variable annuity product

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