Allianz Index Advantage+ Select Income Variable Annuity
Status:
Active
Group:
Allianz
Product Type:
RILA
Product Status:
Approved
Version:
0
Inception Date:
March 10, 2026
Closed Date:
Last Modified:
March 31, 2026 09:31
Description:
The Allianz Index Advantage+ Select Income Variable Annuity an individual flexible purchase payment index-linked variable deferred annuity. The minimum single premium is $5,000 for qualified and non-qualified money. Surrender charges are six years in duration and are waived in the event of death, entrance into a nursing home or in case if unable to perform at least 2 of 6 daily activities. 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 the total Purchase Payments. There are Six Index Crediting Methods: Index PerformanceStrategy, Index Dual Precision Strategy, Index Precision Strategy, Index Guard Strategy, Index Protection Strategy with Cap, Index Protection Strategy with Trigger. Contract includes Income Benefit, that provides Lifetime Income Withdrawals at an additional charge, along with a Multiplier Benefit in case owner is not able to perform at least 2 of 6 activities of daily living. 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.
Fee Based:
No
Free Look:
Yes
Plan Types:
Non-Qualified, Roth IRA, IRA, SEP IRA
Premium Types:
Flexible
States Available:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, 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, VA, WA, WV, WI, WY
States Exception:
Version Note:
Scrap Book:
Death benefits
| Name | Internal name | Sequence | Inception date |
|---|---|---|---|
| Traditional Death Benefit | Traditional Death Benefit | 1 | 10 Mar 2026 |
| Maximum Anniversary Value Death Benefit | Maximum Anniversary Value Death Benefit | 2 | 10 Mar 2026 |
Riders
| Name | Rider type | Internal name | Sequence | Inception date |
|---|---|---|---|---|
| Income Benefit | GLWB | Income Benefit | 10 Mar 2026 |