Index Advantage+ New York™ Variable Annuity Video

[Narrator] Think of the last time you customized a purchase. Maybe you modified your bike for enhanced performance, tailored a jacket to a customized fit, or chose a vehicle with added features for protection for you and your passengers. No matter what it is you're buying, the chance to customize is an opportunity to help meet your needs. At Allianz Life Insurance Company of New York, we believe the same goes for your retirement assets. Wouldn't it be nice to apply a similar strategy as part of your retirement portfolio, one that can help address market uncertainty? Now you can. Along with tax deferral, a variable option, annuity payments, and a death benefit during the accumulation phase, Allianz Index Advantage+ New York Variable Annuity gives you the ability to customize different levels of protection and growth potential through the various index options available.

[On-screen disclosure] Withdrawals will reduce the contract value and the value of any potential protection benefits. Withdrawals taken with the contract withdrawal charge schedule will be subject to a withdrawal charge. All withdrawals are subject to ordinary income teax and, if taken prior to age 59½ may be subject to a 10% federal additional tax. [End of on-screen disclosure]

Each index option is the combination of an index strategy, also called a crediting method, an index, the term, which is the time period for measuring index performance, and a level of protection.

[On-screen disclosure] Index, term length, and level of protection availability may vary by index strategy. [End of on-screen disclosure]

And they all have a unique risk/return trade-off to help address market volatility in a way that makes sense for you: whether you're bullish or bearish on the market; and whether your tolerance for risk is low, high, or somewhere in the middle.

All of our index strategies offer a level of protection to help reduce losses in down markets. For all index strategies, if the index return is negative and exceeds the buffer, your performance credit will equal the amount of the negative returns in excess of the buffer. If you allocate to the Index Performance Strategy or the Index Precision Strategy and the index return is negative and within the buffer, your performance credit is 0%. Or, it can be positive, equal to the trigger rate, if you allocate to the Index Dual Precision Strategy.

[On-screen disclosure] Deductions for contract fees and charges may result in a loss of principal and previously applied performance credits. They also reduce the amount available to recieve fufture performance credits. You could experience a loss during a term if the index declines more than the downside protection of the buffer. You may not be able to fully recover from market losses due to limited upside potential in subsequent terms. Losses in excess of a specified buffer percentage will reduce your contract value. [End of on-screen disclosure]

Along with a level of protection, each index strategy provides growth potential. For the Index Performance Strategy, if the index return is 0% or positive, your performance credit equals the index return up to the cap, the index return multiplied by a participation rate if the index option is uncapped, or the trigger rate if you allocate to the Index Precision Strategy or Index Dual Precision Strategy.

[On-screen disclosure] Deductions for Contract fees and charges may result in a loss of principal and previously applied performance credits. They also reduce the amount available to recieve future performance credits. [End of on-screen disclosure]

If you are looking for additional flexibility, you can take advantage of our Performance Lock feature, which allows you to potentially capture gains and help limit losses.

[On-screen disclosure] Executing a Performance Lock or Early Reallocation may result in you receiving less than the Performance Credit you would have received had you not locked the Index Option. It is possible to lock in a negative return. We will not provide advice or notify you regarding whether you should execute a Performance Lock or Early Reallocation, the optimal time to do so, or if you execute a Performance Lock or Early Reallocation at a sub-optimal time. We are not responsible for any losses related to your decision whether or not to execute a Performance Lock or Early Reallocation. [End of on-screen disclosure]

There are two ways to execute a Performance Lock. The first is manual and the second is automatic, which is executed by setting upper and lower Performance Lock targets. Both can be done in your account on AllianzLife.com or through your financial professional with prior written authorization. By setting an upper target and a lower target, one of three things can happen. The upper target is reached, the lower target is reached, or no targets are reached.

[On-screen disclosure] A Performance Lock locks in the index option value as of market close on the lock date, which you will not know at the time you request a lock or a target is reached. The index option value available for review at the time you request a manual lock, or on the day a target is reached, can be significantly different than the locked value. For simplicity, this example shows the locked values being equal to the targets. However, it is likely the locked value will be above an upper target or below a lower target. [End of on-screen disclosure]

What happens after you execute a Performance Lock? Well, you can either stay locked until the index anniversary that occurs on or after the lock and begin a new term at that point, or you can get back in, also called early reallocation right away, or anytime before the index anniversary. Whenever you get back in the remainder of the index year in which you locked is added to your new term length.

[On-screen disclosure] Early Reallocation is not available within 14 days before an Index Anniversary, can only happen twice in an index ear, and 6-year term index options are not available as an Early Reallocation destination. This added time will not be reflected in the stated term length in your account or on your statements. Instead, this added time will be reflected in the time between the Term Start Date and Term End Date. You're no longer subject to external index returns, you won't participate in potential future gains or losses, and your locked index option will not receive a performance credit on this Index Anniversary. [End of on-screen disclosure]

Our Performance Lock feature has yielded time-tested, powerful results since inception with more than $216 million of gains locked in, over 45,000 executed locks, and an average 11.25% locked return.

[On-screen disclosure] The total number of Allianz Life Insurance Company of New York RILA contracts that applied the Performance Lock feature from 7/24/2014 to 12/31/2023 was 9,700. Of those contracts, there were 45,226 Performance Locks executed. The daily adjustment calculation varies by index option. Past performance is not an indication of future results. [End of on-screen disclosure]

No matter your situation and goals for the future, consider making this potential solution your own. Talk to your financial professional about how you can customize Allianz Index Advantage+ New York to help fit your needs. You can also visit allianzlife.com/new-york to learn more.

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Allianz Index Advantage+ New York Variable Annuity is designed to help you reach your long-term financial goals by providing tax deferral a variable option, index options, and a death benefit during the accumulation phase.

As with any investment vehicle registered index-linked annuities are subject to risk, including possible loss of principal. Investment returns, performance credits, and principal will fluctuate with market conditions, so that contract values upon distribution may be worth more or less than the original cost.

This material must be preceded or accompanied by the Allianz Index Advantage+ New York Consumer Brochure, Product Profile, Index Options Guide, and a current prospectus for the Allianz Index Advantage+ New York Variable Annuity.

Call your financial professional or Allianz Life Financial Services, LLC member FINRA at 800-624-0197 to obtain a prospectus about the variable option. The prospectuses contain details on investment objectives, risks, fees, and expenses, as well as other information about the variable annuity and variable option which you should carefully consider. Please read the prospectuses thoroughly before sending money.

Registered index-linked annuities are subject to investment risk, including possible loss of principal. Investment returns and principal value will fluctuate with market conditions so that units, upon distribution, may be worth more or less than the original cost.

Although an index or indexes will affect Index Option Values, the Index Options do not directly participate in any stock or equity investment and are not a direct investment in an index.

Withdrawals will reduce the contract value and the value of any potential protection benefits. Withdrawals taken within the contract withdrawal charge schedule will be subject to a withdrawal charge. All withdrawals are subject to ordinary income tax and, if taken prior to age 59½, may be subject to a 10% federal additional tax.

All annuity contract and rider guarantees, or annuity payout rates, are backed by the claims-paying ability of the issuing insurance company. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of Allianz Life Insurance Company of New York (Allianz Life of NY).

Guarantees do not apply to the performance of the variable subaccount, which will fluctuate with market conditions.

The S&P 500® Index (S&P 500®) is comprised of 500 stocks representing major U.S. industrial sectors.

S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”). This trademark has been licensed for use by S&P Dow Jones Indices LLC and its affiliates. S&P® and S&P 500® are trademarks of S&P. These trademarks have been sublicensed for certain purposes by Allianz Life Insurance Company of New York (“Allianz Life of NY”). The S&P 500 is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Allianz Life of NY. Allianz Life of NY products are not sponsored, endorsed, sold, or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates make any representation regarding the advisability of investing in such product.

The Nasdaq-100 Index® includes 100 of the largest domestic and international non-financial securities listed on the NASDAQ Stock Market® based on market capitalization.

NASDAQ®, and Nasdaq-100 Index®, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Allianz Life Insurance Company of New York. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

The Russell 2000® Index is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000® Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000® Index is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure larger stocks do not affect the performance and characteristics of the true small-cap index.

The Russell 2000® Index (the “Index”) is a trademark of Frank Russell Company (“Russell”) and has been licensed for use by Allianz Life Insurance Company of New York (“Allianz Life of NY”). Allianz Life of NY products are not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies (“LSEG”) (together the “Licensor Parties”) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the Allianz Life of NY product is based), (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the Allianz Life of NY product. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to Allianz Life of NY or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein.

The EURO STOXX 50® provides a blue-chip representation of supersector leaders in the Eurozone. The index covers 50 stocks from 11 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.

The EURO STOXX 50® is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland (“STOXX”), Deutsche Börse Group or their licensors, which is used under license. Allianz Life Insurance Company of New York (“Allianz Life of NY”) products are neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the EURO STOXX 50 or its data.

• Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF

Products are issued by Allianz Life Insurance Company of New York, 1633 Broadway, 42nd Floor, New York, NY 10019-7585, and distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.624.0197

Product and features are available only in the state of New York.

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