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Allianz FIA Product Annuity Includes Bond Index Option
A new established index annuity has debuted with a bond index allocation election plus an annual reset crediting method.Called the Allianz Pro V1 Annuity, the practice is being issued by Allianz Life Insurance Company of North America, Radiant Valley, Minn., a unit Allianz S.E., Munich, Germany.
Already within reach for sale in 35 states, the policy offers:
- The aptitude to earn interest by allocating to the Barclays Capital U.S. Aggregate Stick Index or a fixed interest allocation.
- Access to full accumulation value after 5 years, or let the become infected with continue to accumulate.
- Annual point-to-point crediting with a spread hand-me-down in calculating the credited interest. (The spread for February 2010 is 1.3%, according to the New Zealand.)
- The ability to take up to 10% of the premium in free withdrawals each year, starting directly.
- The option to begin an annuity income stream after one promise year.
The bond index allocation is a first for Allianz Life arranged annuities, according to the company.
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Life Insurance Resources Online SAN FRANCISCO, CA -- 02/12/10 -- Every month almost a million Americans probing and purchase a new life insurance policy. That's because finance experts and more » |
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HCC Life Teams Up With eHealth To Provide Short-Term Health Insurance The online shoppers can use the technology to submit their applications for HCC Life little-term health insurance plans with an electronic signature and |
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