Allianz Index Advantage NF
Status:
Terminated
Group:
Allianz
Product Type:
RILA
Product Status:
Approved
Version:
0
Inception Date:
September 21, 2017
Closed Date:
June 18, 2024
Last Modified:
November 18, 2025 11:50
Description:
Allianz index advantage NF is an individual flexible purchase payment index-linked variable deferred annuity. The minimum single premium is $10,000 for qualified and non-qualified money. Surrender charges are six years in duration, may vary by state, and are waived in the event of death or entrance into a nursing home. The Flexible Annuity Option offers both variable investment option and index-linked investment options and a free withdrawal privilege that allows for withdrawal of up to 10% of your total Purchase Payments. There are four Index Crediting Methods: the Index Protection Strategy, Index Performance Strategy, Index Precision Strategy and Index Guard Strategy. 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 income tax penalty. 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. Issuer do not accept additional Purchase Payments on or after the first Contract Anniversary in states of MS and UT. Index Protection Strategy is not available in state of WA & MO.
Fee Based:
No
Free Look:
Yes
Plan Types:
Roth IRA, IRA, SEP IRA, Non-Qualified
Premium Types:
Flexible
States Available:
AL, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, PA, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI, WY
States Exception:
Version Note:
Scrap Book:
Changes in product plan types as per the email subjected - Allianz Today - July 30, 2024.
Death benefits
| Name | Internal name | Sequence | Inception date |
|---|---|---|---|
| Traditional Death Benefit | Traditional Death Benefit | 1 | 21 Sep 2017 |
| Maximum Anniversary Value Death Benefit | Maximum Anniversary Value Death Benefit | 2 | 01 May 2018 |