Allianz Life Insurance Introduces Innovative Index-Linked Annuity

Allianz Life Insurance Company of North America has unveiled a new registered index-linked annuity, the Index Advantage+ Select Income. This innovative product is designed to offer flexible lifetime income benefits, tailored to meet the financial needs associated with retirement planning.

Corey Walther, president of Allianz Life Financial Services, LLC, emphasized that the product aims to deliver adaptable strategies aligned with evolving retirement goals. Policyholders have the option to start their income stream at age 50, after a mandatory one-year waiting period for income payments.

The Dynamic Income option feature allows clients to activate income at any time. Additionally, policyholders can adjust their index allocations to match various risk profiles—aggressive, moderate, or conservative. This flexibility addresses concerns about maintaining sufficient income throughout retirement, a sentiment echoed by a significant percentage of Americans, as revealed in a survey by the Allianz Center for the Future of Retirement.

The survey, conducted in November 2025 among over 1,000 respondents in the contiguous U.S., highlights fears of depleting funds due to overly conservative investment strategies post-retirement. Therefore, there's significant interest in products that offer risk level adjustments after income activation, emphasizing potential income enhancement.

Registered index-linked annuities, such as this latest offering from Allianz Life, are crafted to provide indexed returns with various protection levels before annuity payments begin. These annuities facilitate tax-deferred growth while carrying investment risks, including principal loss, dependent on market conditions.

Allianz Life Insurance Company of North America, part of Allianz Life Financial Services, LLC, holds a reputation for longstanding commitment to insurance solutions. As a subsidiary of Allianz SE, a leader in the global financial services industry, it continues to innovate in the sector. For detailed information on the new annuity, including investment risks and expenses, interested parties are encouraged to consult Allianz Life financial professionals or visit their official platforms.