CUSIP Number:
018815217
CUSIP Name:
10 Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
26 Feb 2013
Close Date:
CUSIP Note:
Scrap Book:
The Allianz 222 is a limited flexible premium deferred index annuity with a market value adjustment. The minimum single premium is $20,000 for qualified and non-qualified money. Additional premium payments can be made for $25 or more during the first contract year only. 10% of the paid premium may be withdrawn after the contract anniversary following the most recent premium payment. Surrender charges are 10 years in duration (may vary with state availability); and are waived in the event of annuitization, death, or entrance into a nursing home. The Flexible Annuity Option Rider allows the withdrawal of accumulation value (less any bonus or interest earned on the bonus) anytime after the first contract year for a period certain of 10 to 30 years. The Flexible Withdrawal Rider is an optional rider which, if elected at an extra cost, allows access to a one-time lump-sum payment in any amount up to the accumulation value if admitted to an eligible nursing home, hospital, or assisted living care facility for at least 90 out of 120 consecutive days. An additional nursing home / hospital benefit is also an option at no additional cost. The PIV (Protected Income Value) rider provides guaranteed lifetime income withdrawals based on the protected income value. The AIM benefit (Allianz Income Multiplier) allows for doubling annual maximum income withdrawal if confined to an eligible nursing home, hospital, or assisted living facility for at least 90 days out of 120. The bonus is a Premium bonus on the PIV and the interest bonus is an Interest bonus credited to the PIV. Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal additional tax. Guarantees based on claims paying ability of insurer. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.
Last Modified:
19 Feb 2026 11:28