Tuesday, August 18, 2009

 

Allianz Life Launches New Variable Annuity Riders

On the heels of last week’s announcement of strong earnings and reaffirmed ratings, Allianz Life Insurance Company of North America (Allianz Life) today introduced new living benefit riders that were pulled from its top-selling variable annuity on March 31st. The company discussed these products and other bold moves it is taking to ensure success in the difficult economy...

...According to Hewitt Associates, the average 401k lost nearly 30% in 2008. In addition, the U.S. Census Bureau shows that the population is both aging and living longer. This shift in demographics is resulting in a greater need for products with guarantees and lifetime income...

BusinessWire: Allianz Life Launches New Variable Annuity Riders

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