Allianz Life Adds Bonus, Option To Fixed IUL Policies
August 4, 2015 by Business Wire
Guaranteed Bonus and Exclusive Barclays Index Offer More Opportunity and Flexibility
MINNEAPOLIS–(BUSINESS WIRE)– Allianz Life Insurance Company of North America (Allianz Life®) today announced enhancements to both the Allianz Life Pro+® Fixed Index Universal Life Insurance (FIUL) Policy and Allianz Life Pro+ SurvivorSM Fixed Index Universal Life Insurance (FIUL) Policy. In addition to helping agents provide income-tax-free death benefit protection for beneficiaries, these FIUL policies now offer a guaranteed accumulation bonus and the opportunity for clients to allocate to the new, exclusive Barclays US Dynamic Balance Index II and take advantage of Allianz Life’s dynamic in-house hedging capabilities.
The guaranteed accumulation bonus provides a 0.6% annual bonus to the accumulation value on all new policies starting in years 11+, offering more opportunity to build the cash value of the policy.