Allianz Life Insurance Co. of North America: New Tool Turns Life Insurance Illustrations Into Full Policy Proposals Instantly

MINNEAPOLIS, Minnesota, April 17 -- Allianz Life Insurance Co. of North America (Allianz Life), a provider of retirement solutions, including fixed and variable annuities and life insurance for individuals, issued the following news release:

Financial professionals who sell life insurance policies for Allianz Life Insurance Company of North America (Allianz Life) can now use a new tool to create customized, interactive policy proposals.

The tool, Illustrations with Impact, powered by the EnsightTM technology platform, helps financial professionals create strong proposals for their clients.

Designed to accompany and expand on a policy proposal, Illustrations with Impact create full presentations that walk clients through all the ways that fixed index universal life insurance (FIUL) can help secure their financial future. With the click of a button, the tool generates personalized client content, including interactive charts, using value drawn from the details of that client's policy illustration. The tool also shows the potential over time for accumulation, loans and withdrawals and even a death benefit.

"It's a powerful way help clients see the positive financial impact in their own life," said Jason Wellmann, head of life distribution for Allianz Life. "But Illustrations with Impact goes beyond the numbers, instantly putting the proposal into a form that's easier for the financial professional to explain - and easier for the client to understand."

The tool pulls from the clients' information to show how a policy can help address concerns like inflation, taxation, market volatility, and longer life expectancies. It also helps clearly explain signature features of an Allianz Life Pro+(R) Advantage Fixed Index Universal Life Policy like Index Lock and Auto Lock that can grow the policy's cash value over time and can help ensure a positive index return in volatile markets.

"Illustrations with Impact helps financial professionals show their clients why they are recommending our life policy," said Wellmann. "It's another way we keep adding more value to our relationship with the people who sell our products."

"Allianz has been at the very forefront of the digital transformation shift over the last several years. We are extremely proud to be helping Allianz enable a better sales experience for Allianz producers and advisors," said Bill Unrue, CEO, Ensight.

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About Ensight(TM)

Ensight(TM) is the leading cloud-based insurance sales acceleration platform for more than 500 life, long-term care (LTC) and annuity distributors, thousands of financial professionals, as well as many of the largest North American insurance carriers. Headquartered in San Diego, California, Ensight helps drive sales growth and productivity, while addressing the entire sales lifecycle experience - from prospect to policyholder, new business to inforce.

Allianz Life and Ensight are not affiliated companies.

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About Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North America, one of the Ethisphere World's Most Ethical Companies(R), has been trusted since 1896 to help millions of Americans prepare for financial uncertainties and retirement with a variety of innovative risk management solutions. In 2023, Allianz Life provided additional value to its policyholders via distributions of more than $13.73 billion. The company is a leading provider of fixed index annuities, registered index-linked annuities, fixed index universal life insurance, and buffered ETFs via our subsidiary Allianz Investment Management, LLC. Allianz Life is part of Allianz SE, a global leader in the financial services industry with approximately 160,000 employees in more than 70 countries. Allianz Life is a proud sponsor of Allianz Field(R) in St. Paul, Minnesota, home of Major League Soccer's Minnesota United.

Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America (Allianz).

Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.950.1962

This content does not apply in the state of New York.

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Original text here: https://www.allianzlife.com/about/newsroom/2024-Press-Releases/New-Tool-Turns-Life-Insurance-Illustrations-into-Full-Policy-Proposals-Instantly