NU Online News Service, June 10, 2004, 12:34 p.m. EDT – Allianz Life Insurance Company of North America, Minneapolis, has introduced the USAllianz High Five Bonus variable annuity.[@@]
Allianz Life will be selling the annuity through independent advisors to retirement savers who have a moderate level of tolerance for investment risk.
Allianz Life, a unit of Allianz A.G., Munich, developed the new annuity by adding an up-front bonus to a contract that resembles the contract for the company’s USAllianz High Five variable annuity.