Transfers between Index Options are allowed on an index anniversary only and reallocation of money from the index options to sub-account is permitted on every sixth Index Anniversary. Transfers between the sub-accounts and index options or reallocation of index option value are not counted against the free transfers.
Product:
Allianz Index Advantage ADV (NY)
Policy Type:
RILA
Income Phase Applicable:
No
Current CHG Available:
No
Exceptions:
No
States Available:
States Exception:
Transfer Mode:
Written, Telephone, Internet, Fax
Before Payout Start Date
Unlimited Transfers:
Yes
Max Transfers Per Year:
Free Transfers Per Year:
12
Charge Per Transfer ($):
25
Max Charge Per Transfer ($):
From Fixed Account (MVA/EIA):
No
After Payout Start Date
Unlimited Transfers:
No
Max Transfers Per Year:
Free Transfers Per Year:
Charge Per Transfer ($):
From Fixed Account (MVA/EIA):
No
Options
DCA Included:
No
Rebalancing:
No
Asset Allocation:
No
Sweep Included:
No