| FlexDex Multi-Choice(SM)
Elite Annuity Overview |
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Features: A flexible premium equity indexed
annuity that offers your clients options
- Up to a 5% bonus on all premium added during the
first 5 policy years(1)
- No payout is required for clients to receive the
bonus
- Clients can diversify money between the S&P
500(2), Nasdaq-100®(3),
and the Interest Earning Value, in increments of 25%
Clients can choose to base any indexed gains on the
monthly averaging or the point-to-point annual reset
method
- The participation rates do not move
- 100% participation rate for the monthly average
annual reset; subject to specified cap
- 55% participation rate for the point-to-point annual
reset; subject to specified cap
- No fees, loads, or sales charges guaranteed for
life
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Commissions: Top G.A. commissions:
- 6% first-year commissions through age 85
- Additional 3% commission on all premium added years
2 to 5
- Producer Perks, the Allianz Life®
agent incentive program
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Advantages: Clients have the control they need
to spread the risk
- Clients can take advantage of all 3, any 2, or just
1 of the following: S&P 500, Nasdaq-100®,
and the Interest Earning Value
- Clients can change elections annually without tax
consequences
- A 12-year decreasing surrender penalty (15% for
the first 5 years, decreasing monthly thereafter)
means your clients will not pay more than a 15% surrender
charge
- No payout is required; full accumulation values
are available after 12-year surrender
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Please note: This product is not a direct investment
in an index.
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* click here for a LIST
of ALL Allianz Life Annuities
FlexDex Multi-Choice(SM)
Elite Annuity Detailed Description
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| Type of Premium: | | Flexible premium |
| Bonus: | |
5% bonus on all premium
received during the first 5 policy years if the initial
premium is $100,000 or greater, otherwise 3% |
| Issue Ages: | |
0 - 85 |
| Minimum Premium: | |
$25,000 |
| Maximum Premium: | |
$1,000,000 (Home Office
approval required on $500,000 or more) |
| Current Interest Rate: | | 3.50% on the Interest Earning Value |
| Allocation Options: | |
S&P 500 Index(2),
Nasdaq-100®(3) Index,
& Interest Earning Value; clients may elect more than
one option during an index term, in increments of 25%;
clients may change elections annually |
| Index Type: | |
Annual reset of monthly
average or point-to-point; client must elect indexing
option at time of issue; option is locked for life of
contract |
| Participation Rate: | |
100% monthly averaging;
55% point-to-point |
| Cap: | |
10% guaranteed for
the first policy year; never less than 5% |
| Fees: | | No annual fees, loads or sales charges guaranteed for life |
| Minimum Guarantee: | | 75% of premium paid in 1 year, plus 87.5% of premium paid in year 2 or after, less withdrawls, all accumulated at 3% |
| Payout Option: | |
No payout required;
full accumulation values available after 12-year surrender
period |
| Cash Surrender Value: | |
12-year decreasing
surrender: 15% first 5 years, then decreasing monthly
over the next 7 years |
| Index Payout Endorsement: | | Available in most states |
| Loans: | | Up to 50% of cash surrender value ($50,000 maximum) |
| Withdrawal Provision: | | 5% per policy year, up to 25% of total received premium cumulative lifetime; available after first policy year or 12 months following the last addition of premium, whichever is later |
| Death Benefit: | |
0 x 5 distribution;
accumulation value if taken for a minimum 5-year period;
if taken for less than 5 years, guaranteed return of premium
less withdrawals or cash surrender value, whichever is
greater |
| Rate Lock: | | Not Available |
| Issue No Money: | | Available if 100% of the money is allocated to the Interest Earning Value |
| Nursing Home Benefit: | | Available in most states |
| idea® Benefit: | | Available in most states |
| Death Benefit Rider: | | Available in most states |
| Systematic Withdrawal: | | Available starting the 6th policy year |
| RMD: | | Available in all states |
| Commissions: | |
6% first-year commission
through age 85; additional 3% commission on premium added
years 2 through 5; no commission chargeback at death |
| Producer Perks: | | Yes |
Product availability and benefits may vary by state.
Please note: This product is not a direct investment in
an index.
If you would like more information
and to receive a "Starter Kit", register
online today and you will receive an email immediately
on how to get started.
For
licensing and new sales - contact:
Van Albanese, CLU,
ChFC
TheUSBroker Representative
phone: 1-877-341-3342 (toll-free)
fax: 1-315-655-4784
valbanese@theusbroker.com
* click here for a LIST
of ALL Allianz Life Annuities
Click on the links below for Allianz Life pdf documents
For quotes or additional corporate information call the:
FASTeam now at 800.950.7372
Visit www.accessallianz.com
for a current consumer application that's approved for your
state (opens in a new internet browser window)
Allianz Life Insurance
Company of North America - Unmatched Financial Strength
As part of the Allianz Group, Allianz Life offers a level
of security that is virtually unequalled in the industry.
That means you know you're dealing with a company that will
keep the promises it makes. Foremost in our minds is the safety
of the funds you entrust to our care.
› Allianz Life by the numbers
- The nation's #1 seller of equity indexed annuties each
year since 2000 (The Advantage Group based
on 2000, 2001 & 2002 sales).
- #1 choice among independent agents (LIMRA
2002 - #1 in American in sales of fixed annuities through
independent agents each year since 2000, according to LIMRA
International reports for sales in 2000, 2001, and 2002.)
- The Financial strength of Allianz Life has consistently
been rated "Very Strong" by Standard & Poor's
and "Superior" by A.M. Best, among the highest
ratings assigned (The independent ratings
are based on an analysis of financial results and evaluation
of management objectives and strategies. The ratings do
not indicate approval by the analysts and are subject to
change).
› Allianz Group by the numbers
- One of the world's leading providers of integrated financial
services.
- The worlds 18th largest corporation, based on revenue,
with 700 subsidiaries in more than 70 countries (Fortune,
July 22, 2002).
- As of September 30, 2002, the Allianz Group had $1 trillion
in assets under management, $847 billion in consolidated
assets, and $818 billion in liabilities.
(1) A 5% bonus will be credited to all premium
in the first 5 policy years if the initial premium is $100,000
or greater, otherwise a 3% bonus will be credited to all premium
in the first 5 policy years.
(2) "Standard & Poor’s®,"
"S&P®," "S&P 500®," "Standard
& Poor’s 500," and "500" are trademarks
of The McGraw-Hill Companies, Inc. and have been licensed
for use by Allianz Life Insurance Company of North America.
The product is not sponsored, endorsed, or promoted by Standard
& Poor’s, and Standard & Poor’s makes no
representation regarding the advisability of purchasing the
product.
(3) "Nasdaq®," "Nasdaq-100®" and
"Nasdaq-100 Index®" are trademarks of The Nasdaq
Stock Market, Inc. and have been licensed for use by Allianz
Life Insurance Company of North America. The product has not
been passed on by the Corporations as to its legality or suitability.
The product is not sponsored, endorsed, sold, or promoted
by The Nasdaq Stock Market, Inc. THE NASDAQ STOCK MARKET,
INC. MAKES NO REPRESENTATION REGARDING THE ADVISABILITY OF
PURCHASING THE PRODUCT.
(**) Bonus is subject to client deferring
the contract for a minimum of five years and taking the payout
over ten years.
For Agent Use Only
Product Availability and Benefits May Vary by State
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