Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Allianz Indexed UL Targets Flexibility

Your article was successfully shared with the contacts you provided.

Allianz Indexed UL Targets Flexibility

Allianz Life Insurance Company of North America has rolled out a fixed index universal life policy that permits customization to the client’s needs.

The contract, GenDex Foundation, is a flexible-premium fixed UL product.

It offers a death benefit, fixed and index and indexed interest-crediting options; a positive, adjustable annual floor in the event the index is flat or negative; a long term care accelerated benefit rider; and other optional riders at additional cost, says Allianz, Minneapolis.

The premiums are designed to be affordable and flexible, according to the company.

The product may be a good fit for consumers seeking flexible life insurance coverage with mid-tier guarantees at reasonable premiums, Allianz says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.