Allianz Life Insurance Co. of North America, a provider of fixed-index annuities (FIAs), has launched two improved index allocations offering additional choices for retirement accumulation.
Allianz says the index allocations are available through the Allianz Preferred platform. They include the Barclays US Dynamic Balance Index, which appeals to customers responding to low-cap environment by offering uncapped strategy with an annual spread, and the Russell 2000 Index, which measures performance of small-cap companies to meet needs of customers seeking to diversify accumulation strategies, offered as a stand-alone option. The improved version is launching in 44 states.
Allianz adds that FIAs offered through the Allianz Preferred platform are sold by insurance producers under field marketing organizations and broker/dealers associated with Allianz Preferred. The improvements are being added to the three exclusive Preferred FIAs: Allianz 222, Allianz 360 and Allianz 365i.
