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Allianz Life Adds Variable Annuity Rider with Increasing Income Payments
MINNEAPOLIS--(BUSINESS WIRE)--Allianz Life Insurance Company of North America (Allianz Life®), and in New York, Allianz Life Insurance Company of New York (Allianz Life® of NY) today announced the launch of the optional Income Focus rider on Allianz VisionSM, Allianz VisionSM New York and Allianz ConnectionsSM variable annuities, a new, innovative way to offer clients increasing income in retirement. Available today in 48 states, this optional rider offers payment percentage increases of 1% every year the contract experiences positive performance, no matter the size of the increase.
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