Allianz Life Introduces Multi-Year Point-To-Point Crediting Methods On Select FIAs

MINNEAPOLIS – April 12, 2022 – To help clients address the risks that market volatility can have on their retirement security, Allianz Life introduced a new crediting method on select fixed index annuities. The Multi-Year point-to-point crediting method can offer higher participation rates over two or five years. These new allocation options offer participation rates that are designed to begin higher and increase gradually throughout the multi-year term.

In addition to offering greater growth potential over a longer term, the new enhancements also allow clients more control and the ability to address the effects of market volatility with Index Lock. This allows clients to lock in an index value once per crediting period through the Allianz Life Index Lock feature, then receive their index credit on the next contract anniversary and start a new allocation option. This new feature can help protect them from negative index performance for the remainder of the contract year.

“With the incredible volatility we have seen over the past few years, we know that clients want the ability to take advantage of market highs without the risk of volatility wiping out gains,” said Eric Thomes, chief distribution officer, Allianz Life. “A recent Allianz Life study* found that two thirds of Americans wish they could have locked in their gains during recent market highs. This innovative combination offers higher growth potential over the long term, but also short-term control to take advantage of market index gains with Index Lock.”

The new MY point-to-point crediting method with the option for Index Lock are available on Allianz Benefit Control Annuity, Allianz 222 Annuity, and Allianz 360 Annuity.