The 2018 Allianz 222® Annuity Premium+ Event is going on now. Effective July 24, 2018 through September 17, 2018 only, the Protected Income Value (PIV)1 bonus on Allianz 222 Annuity from Allianz Life Insurance Company of North America (Allianz) will increase from 22% to 30%. This is the highest level at which this bonus has ever been offered and is only available for this limited time.
Help your clients jump-start their accumulation potential with the industry’s #1-selling fixed index annuity (FIA),2 offering:
- A 30% premium bonus credited to the PIV on any premium paid into the annuity in the first contract year
- A 50% interest bonus, also credited to the PIV, in any year that your client’s selected allocations earn interest – not just up to retirement, but throughout retirement as well3
- Plus traditional fixed index annuity benefits, including principal and credited interest protection from market downturns, indexed interest accumulation potential, lifetime income for retirement, and a death benefit for beneficiaries
All features of an annuity should be considered prior to making a suitable recommendation.
Applications received by the home office on or after Tuesday, July 24, 2018 through September 17, 2018 at 11:59 p.m. will automatically receive the post-change version of the product. The 7/2018 version of the Statement of Understanding (7/24/2018 version in California) must be received prior to issue.
Pending applications or issued contracts within their free-look period receiving the pre-change version of the product may opt in to the post-change version of the product by submitting the July 2018 Product Change Letter of Instruction and the 7/2018 Statement of Understanding (7/24/2018 version in California) to the home office no later than Thursday, August 23.
Submit your applications electronically
There’s no better time than now to submit your applications electronically. Allianz expects increased sales from this promotion. The best way to ensure your applications are submitted in good order and are processed as efficiently as possible is to use ApplyNOW or your firm’s application order entry (AOE) system.4
Take Advantage of this Opportunity Now!
This is a limited-time offer, so don’t delay. Act now before this opportunity runs out. For more information please take the time to schedule a call with a member of our sales team.
In New Jersey and Oregon, the premium bonus is 25% and has no fixed end date.1 The premium bonus and interest bonus are credited only to the Protected Income Value. To receive the PIV, including the bonus, the contract must be held for at least 10 contract years, and then lifetime income withdrawals must be taken. Your client will not receive the bonuses if the contract is fully surrendered or if traditional annuitization payments are taken. If it is partially surrendered the PIV will be reduced proportionally, which could result in a partial loss of bonuses. Income withdrawals are considered partial withdrawals and are subject to ordinary income tax and, if taken prior to 59½, a 10% federal additional tax. Because this is a bonus annuity, it may include higher surrender charges, longer surrender charge periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don’t offer a bonus feature.
2 Wink’s Sales & Market Report, 1Q 2018.
3 Annual maximum withdrawal increases apply to withdrawals taken from the Protected Income Value. The Protected Income Value is not available as a lump sum.
4 ApplyNOW is not available with all broker/dealers. Please confirm approval of the tool with your broker/dealer prior to use.
Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.
Distributions are subject to ordinary income tax and, if taken prior to age 59½, a 10% federal additional tax.
Products are issued by Allianz Life Insurance Company of North America.
Product and feature availability may vary by state and broker/dealer.
For financial professional use only – not for use with the public.