Allianz Life Insurance Company of North America is using golf to promote its Allianz Endurance 15 indexed annuity.
Allianz Life, Golden Valley, Minn., a unit of Allianz S.E., Munich, Germany, says it is offering a $100,000 Allianz Endurance 15 annuity to any professional golfer who makes a hole-in-one on Hole 16 during tournament play at the Allianz Championship in Boca Raton, Fla.
The tournament is part of the PGA Champion's Tour and is limited to golfers over age 50, such as Lee Trevino and Gary Player.
Allianz Life hopes to use its role as the title sponsor of the tournament to encourage consumers to work with financial professionals to evaluate their needs and help them cope with the current economic challenges, company executives say.