4.7
based on complex data
Annuity Educator Rating
Annuity review
Index Advantage+ Select Income
The Allianz Life Insurance Company of North America, first founded in 1896, has become a leading figure in the retirement savings industry. By providing life insurance and annuity products, Allianz Life’s goal is to help individuals in their post-work years find financial comfort. With a diverse portfolio of fixed, variable, and indexed annuities complemented by a great number of life insurance solutions, the company leverages its expertise and resources to supply solutions that address the risk profiles and prerequisites of various customers. Interestingly enough, they are the title sponsor of the MLS’s Minnesota United FC stadium. Furthermore, as a continuously growing company, they have acquired and collaborated with many firms within their industry.
Index Advantage+ Select Income
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About Product
Type
Registered Index-Linked
Purpose
Lifetime Income
Term
6 Years
Surrender schedule
8%
8%
7%
6%
5%
4%
Fee withdrawal:
10%
Market Value Adjustment
No
Return Of Premium
No
Minimum Contribution
$5,000
Maximum Contribution
$1,000,000
Max Age Qualified
80
Types Of Funds
Non-Qualified, Traditional IRA, SEP IRA, and IRA-Roth
Launch Date
03/10/2026
Index Advantage+ Select Income is a registered index-linked annuity (RILA) designed to give you long-term growth potential – plus the opportunity for lifetime income, with the Income Benefit rider II, which is automatically included at an additional cost. This gives you more flexibility to select when to start your lifetime income,* which 1-year index options match your needs during the income period, and how your income aligns with your risk tolerance.
*Once you reach age 50 and have satisfied the 1-index-year income payment waiting period, lifetime income payments can begin any time up to 14 calendar days before an Index Anniversary.
Product and rider fee
1.25% product fee and 0.70% Income Benefit rider fee are accrued daily and deducted on each quarterly contract anniversary, calculated as a percentage of the charge base, which is the contract value on the preceding quarterly contract anniversary, adjusted for subsequent purchase payments and withdrawals. The Income Benefit is automatically included in the contract at issue.
Contract Maintenance Charge
$50 annually (waived for contract values of $100,000 or more)
*Once you reach age 50 and have satisfied the 1-index-year income payment waiting period, lifetime income payments can begin any time up to 14 calendar days before an Index Anniversary.
Product and rider fee
1.25% product fee and 0.70% Income Benefit rider fee are accrued daily and deducted on each quarterly contract anniversary, calculated as a percentage of the charge base, which is the contract value on the preceding quarterly contract anniversary, adjusted for subsequent purchase payments and withdrawals. The Income Benefit is automatically included in the contract at issue.
Contract Maintenance Charge
$50 annually (waived for contract values of $100,000 or more)
Available in states:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 6-Year S&P 500 Dual Precision Strategy with 30% Buffer |
Dual Direction Trigger
6-Year
|
34%
Performance triggered
|
| 1-Year Russell 2000 Dual Precision Strategy with 30% Buffer |
Dual Direction Trigger
Annual
|
6.3%
Performance triggered
|
| 1-Year Russell 2000 Dual Precision Strategy with 20% Buffer |
Dual Direction Trigger
Annual
|
8%
Performance triggered
|
| 1-Year Russell 2000 Dual Precision Strategy with 10% Buffer |
Dual Direction Trigger
Annual
|
11.2%
Performance triggered
|
| 1-Year S&P 500 Dual Precision Strategy with 30% Buffer |
Dual Direction Trigger
Annual
|
5.9%
Performance triggered
|
| 1-Year S&P 500 Dual Precision Strategy with 20% Buffer |
Dual Direction Trigger
Annual
|
7.1%
Performance triggered
|
| 1-Year S&P 500 Dual Precision Strategy with 10% Buffer |
Dual Direction Trigger
Annual
|
9.5%
Performance triggered
|
| 3-Year Russell 2000 Dual Precision Strategy with 30% Buffer |
Dual Direction Trigger
Triennial
|
20%
Performance triggered
|
| 6-Year S&P 500 Dual Precision Strategy with 10% Buffer |
Dual Direction Trigger
6-Year
|
44%
Performance triggered
|
| 6-Year S&P 500 Dual Precision Strategy with 20% Buffer |
Dual Direction Trigger
6-Year
|
38%
Performance triggered
|
| 1-Year Nasdaq-100 Dual Precision Strategy with 10% Buffer |
Dual Direction Trigger
Annual
|
10.4%
Performance triggered
|
| 3-Year S&P 500 Dual Precision Strategy with 10% Buffer |
Dual Direction Trigger
Triennial
|
26%
Performance triggered
|
| 3-Year S&P 500 Dual Precision Strategy with 20% Buffer |
Dual Direction Trigger
Triennial
|
22%
Performance triggered
|
| 3-Year S&P 500 Dual Precision Strategy with 30% Buffer |
Dual Direction Trigger
Triennial
|
18%
Performance triggered
|
| 6-Year Russell 2000 Dual Precision Strategy with 10% Buffer |
Dual Direction Trigger
6-Year
|
47%
Performance triggered
|
| 6-Year Russell 2000 Dual Precision Strategy with 20% Buffer |
Dual Direction Trigger
6-Year
|
41%
Performance triggered
|
| 6-Year Russell 2000 Dual Precision Strategy with 30% Buffer |
Dual Direction Trigger
6-Year
|
36%
Performance triggered
|
| 3-Year Russell 2000 Dual Precision Strategy with 10% Buffer |
Dual Direction Trigger
Triennial
|
29%
Performance triggered
|
| 3-Year Russell 2000 Dual Precision Strategy with 20% Buffer |
Dual Direction Trigger
Triennial
|
23%
Performance triggered
|
| 1-Year Nasdaq-100 Dual Precision Strategy with 20% Buffer |
Dual Direction Trigger
Annual
|
7.9%
Performance triggered
|
| 1-Year Nasdaq-100 Dual Precision Strategy with 30% Buffer |
Dual Direction Trigger
Annual
|
6.4%
Performance triggered
|
| 1-Year iShares MSCI Emerging Markets ETF Dual Precision Strategy with 10% Buffer |
Dual Direction Trigger
Annual
|
8.5%
Performance triggered
|
| 1-Year iShares MSCI Emerging Markets ETF Dual Precision Strategy with 20% Buffer |
Dual Direction Trigger
Annual
|
6.7%
Performance triggered
|
| 1-Year iShares MSCI Emerging Markets ETF Dual Precision Strategy with 30% Buffer |
Dual Direction Trigger
Annual
|
5.5%
Performance triggered
|
| 1-Year EURO STOXX 50 Dual Precision Strategy with 10% Buffer |
Dual Direction Trigger
Annual
|
10.1%
Performance triggered
|
| 1-Year EURO STOXX 50 Dual Precision Strategy with 20% Buffer |
Dual Direction Trigger
Annual
|
7.2%
Performance triggered
|
| 1-Year EURO STOXX 50 Dual Precision Strategy with 30% Buffer |
Dual Direction Trigger
Annual
|
6.1%
Performance triggered
|
| 1-Year EURO STOXX 50 PTP Cap Protection Strategy |
Point to Point
Annual
|
9.5%
Cap
|
| 6-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 10% Buffer |
Point to Point
6-Year
|
105%
Participation
|
| 1-Year iShares MSCI Emerging Markets ETF PTP Cap Protection Strategy |
Point to Point
Annual
|
8.25%
Cap
|
| 1-Year Nasdaq-100 PTP Cap Protection Strategy |
Point to Point
Annual
|
7%
Cap
|
| 1-Year Russell 2000 PTP Cap Protection Strategy |
Point to Point
Annual
|
8%
Cap
|
| 1-Year S&P 500 PTP Cap Protection Strategy |
Point to Point
Annual
|
7%
Cap
|
| 1-Year EURO STOXX 50 PTP Cap Guard Strategy |
Point to Point
Annual
|
26%
Cap
|
| 1-Year iShares MSCI Emerging Markets ETF PTP Cap Guard Strategy |
Point to Point
Annual
|
16%
Cap
|
| 1-Year Nasdaq-100 PTP Cap Guard Strategy |
Point to Point
Annual
|
14.5%
Cap
|
| 1-Year Russell 2000 PTP Cap Guard Strategy |
Point to Point
Annual
|
18.5%
Cap
|
| 1-Year S&P 500 PTP Cap Guard Strategy |
Point to Point
Annual
|
14.5%
Cap
|
| 3-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 30% Buffer |
Point to Point
Triennial
|
100%
Participation
45%
Cap
|
| 6-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 10% Buffer |
Point to Point
6-Year
|
105%
Participation
|
| 6-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 20% Buffer |
Point to Point
6-Year
|
100%
Participation
125%
Cap
|
| 6-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 20% Buffer |
Point to Point
6-Year
|
100%
Participation
135%
Cap
|
| 6-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 30% Buffer |
Point to Point
6-Year
|
100%
Participation
80%
Cap
|
| 6-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 30% Buffer |
Point to Point
6-Year
|
100%
Participation
100%
Cap
|
| 3-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 10% Buffer |
Point to Point
Triennial
|
100%
Participation
|
| 3-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 10% Buffer |
Point to Point
Triennial
|
100%
Participation
|
| 3-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 20% Buffer |
Point to Point
Triennial
|
100%
Participation
50%
Cap
|
| 3-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 20% Buffer |
Point to Point
Triennial
|
100%
Participation
60%
Cap
|
| 3-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 30% Buffer |
Point to Point
Triennial
|
100%
Participation
33%
Cap
|
| 1-Year EURO STOXX 50 PTP Cap Performance Strategy with 30% Buffer |
Point to Point
Annual
|
16.5%
Cap
|
| 1-Year S&P 500 PTP Cap Performance Strategy with 10% Buffer |
Point to Point
Annual
|
19%
Cap
|
| 1-Year Russell 2000 PTP Cap Performance Strategy with 30% Buffer |
Point to Point
Annual
|
11.75%
Cap
|
| 1-Year EURO STOXX 50 PTP Cap Performance Strategy with 20% Buffer |
Point to Point
Annual
|
25%
Cap
|
| 1-Year EURO STOXX 50 PTP Cap Performance Strategy with 10% Buffer |
Point to Point
Annual
|
30%
Cap
|
| 1-Year iShares MSCI Emerging Markets ETF PTP Cap Performance Strategy with 30% Buffer |
Point to Point
Annual
|
11.25%
Cap
|
| 1-Year iShares MSCI Emerging Markets ETF PTP Cap Performance Strategy with 20% Buffer |
Point to Point
Annual
|
14%
Cap
|
| 1-Year iShares MSCI Emerging Markets ETF PTP Cap Performance Strategy with 10% Buffer |
Point to Point
Annual
|
24.5%
Cap
|
| 1-Year Nasdaq-100 PTP Cap Performance Strategy with 30% Buffer |
Point to Point
Annual
|
10%
Cap
|
| 1-Year Nasdaq-100 PTP Cap Performance Strategy with 20% Buffer |
Point to Point
Annual
|
13%
Cap
|
| 1-Year Nasdaq-100 PTP Cap Performance Strategy with 10% Buffer |
Point to Point
Annual
|
20%
Cap
|
| 1-Year S&P 500 PTP Cap Performance Strategy with 20% Buffer |
Point to Point
Annual
|
11.75%
Cap
|
| 1-Year Russell 2000 PTP Cap Performance Strategy with 20% Buffer |
Point to Point
Annual
|
14.5%
Cap
|
| 1-Year Russell 2000 PTP Cap Performance Strategy with 10% Buffer |
Point to Point
Annual
|
22.75%
Cap
|
| 1-Year S&P 500 PTP Cap Performance Strategy with 30% Buffer |
Point to Point
Annual
|
9.5%
Cap
|
| 1-Year S&P 500 Protection Strategy with Trigger |
Performance Triggered
Annual
|
6.2%
Performance triggered
|
| 1-Year Russell 2000 Protection Strategy with Trigger |
Performance Triggered
Annual
|
6.8%
Performance triggered
|
| 1-Year Nasdaq-100 Protection Strategy with Trigger |
Performance Triggered
Annual
|
6.4%
Performance triggered
|
| 1-Year iShares MSCI Emerging Markets ETF Protection Strategy with Trigger |
Performance Triggered
Annual
|
6.3%
Performance triggered
|
| 1-Year EURO STOXX 50 Protection Strategy with Trigger |
Performance Triggered
Annual
|
7.1%
Performance triggered
|
| 1-Year EURO STOXX 50 Precision Strategy |
Performance Triggered
Annual
|
14%
Performance triggered
|
| 1-Year iShares MSCI Emerging Markets ETF Precision Strategy |
Performance Triggered
Annual
|
10.2%
Performance triggered
|
| 1-Year Nasdaq-100 Precision Strategy |
Performance Triggered
Annual
|
12.8%
Performance triggered
|
| 1-Year Russell 2000 Precision Strategy |
Performance Triggered
Annual
|
14.1%
Performance triggered
|
| 1-Year S&P 500 Precision Strategy |
Performance Triggered
Annual
|
11.1%
Performance triggered
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| Penalty | 8% | 8% | 7% | 6% | 5% | 4% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Index Advantage+ Select Income Level | Yes | 0.70% annually |
| Index Advantage+ Select Income Dynamic | Yes | 0.70% annually |
Waivers
ADL
Unavailable in states: MA
The waiver of withdrawal charge benefit allows you to take a withdrawal after the first Contract Year without incurring a withdrawal charge if you are unable to perform at least two activities of daily living for at least 90 continuous days.
Confinement
Unavailable in states: MA
The waiver of withdrawal charge benefit allows you to take a withdrawal after the first Contract Year without incurring a withdrawal charge if, after the first Contract Anniversary, you begin confinement for care in an eligible facility for at least 90 days in a 120-day period.
Premium Notes
Purchase Payments
Minimum initial: $5,000
Minimum subsequent: $50
Maximum: $1,000,000
Each purchase payment begins its own withdrawal charge schedule.
Each Index Year before you begin receiving Income Payments, you cannot add more than your initial amount without our prior approval. Your initial amount is the total of all Purchase Payments received before the first Quarterly Contract Anniversary of the first Contract Year. We allow you to add up to the initial amount in the remainder of the first Index Year. Allianz reserves the right to decline any or all purchase payments at any time on a nondiscriminatory basis. Purchase payments can only move into index options on the Index Effective Date or an Index Anniversary. Purchase payments received on days other than the Index Effective Date or an Index Anniversary will be held in the AZL Government Money Market Fund* until the Index Effective Date or next Index Anniversary when they will be transferred to the index options. The AZL® Government Money Market Fund is only used to hold purchase payments until they are allocated to the Index Options and is not available for selection by an owner.
Allianz does not accept additional Purchase Payments on or after the Income Benefit Date, or on or after the Annuity Date.
Minimum initial: $5,000
Minimum subsequent: $50
Maximum: $1,000,000
Each purchase payment begins its own withdrawal charge schedule.
Each Index Year before you begin receiving Income Payments, you cannot add more than your initial amount without our prior approval. Your initial amount is the total of all Purchase Payments received before the first Quarterly Contract Anniversary of the first Contract Year. We allow you to add up to the initial amount in the remainder of the first Index Year. Allianz reserves the right to decline any or all purchase payments at any time on a nondiscriminatory basis. Purchase payments can only move into index options on the Index Effective Date or an Index Anniversary. Purchase payments received on days other than the Index Effective Date or an Index Anniversary will be held in the AZL Government Money Market Fund* until the Index Effective Date or next Index Anniversary when they will be transferred to the index options. The AZL® Government Money Market Fund is only used to hold purchase payments until they are allocated to the Index Options and is not available for selection by an owner.
Allianz does not accept additional Purchase Payments on or after the Income Benefit Date, or on or after the Annuity Date.
Withdrawal Provisions
Free withdrawal privilege 10% of total purchase payments, available annually, adjusted for subsequent purchase payments and withdrawals; any unused portion does not carry over from one year to the next.
Company Founded: 1896
TOP Rated
Company
Company Ratings
4.4
- A.M. Best A+
- S&P AA
- Moody's Aa3
- Comdex 96
Assets: $125,084,600,553
Minnesota
