Allianz Life Adds Income Plus Benefit To MasterDex Line

An annuity manufacturer has updated a well-known line of indexed annuity contracts.

Allianz Life Insurance Company of North America, Minneapolis, a unit of Allianz S.E., Munich, has the new Allianz MasterDex Plus version of its MasterDex series includes the Income Plus Benefit income guarantee rider.

Other changes include the addition of more financial benchmark choices, such as the FTSE 100; the availability of annual point-to-point and monthly average crediting methods; and revised withdrawal features.