Index Advantage+ New York

East as 10 percent, 20 percent, 30 percent

Introducing Allianz Index Advantage+ New York™ Variable Annuity, a new product that helps make protecting your clients’ hard-earned money as easy as 10%, 20%, 30%.

A decade in the making, Allianz Index Advantage+ New York™ can simplify the power of allocation across the risk spectrum by offering investors the same choice of buffer options across all three of the Index Performance Strategy crediting methods’ term lengths.

Three term lengths

Investors have the option of allocating to 1-, 3-, or 6-year term lengths depending on whether they’re looking for a level of protection during a shorter term or longer term and growth potential options.

Three buffer levels

With our diverse buffers, investors can allocate to 10%, 20%, or 30% buffers depending on how much downside protection may be appropriate for them.

Your clients could experience a loss during a term if the index declines more than the level of downside protection of the buffer. Your clients may not be able to participate fully in a market recovery if the index option is capped in subsequent terms.

It’s not just our diverse buffers available with the Index Performance Strategy

With Allianz Index Advantage+ New York™, investors also get:

New strategies

Index Dual Precision Strategy which can provide positive return potential in bear markets of smaller negative index returns¹
Index Precision Strategy that provides the potential to help boost returns when markets are flat²

Enhanced flexibility

Industry-leading Performance Lock feature that provides the opportunity to potentially capture gains and limit potential losses³
“Get back in” or early reallocation feature that provides the option to reallocate from the variable option or a locked index option early and participate in index returns before the next index anniversary³

All for no product fee on the index options⁴

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Watch to learn more about Index Advantage+ New York™

Read video transcript

[Narrator] A decade in the making, next-level risk management has come to New York. And it's as easy as 10, 20 and 30% buffers. Introducing Allianz Index Advantage+ New York Variable Annuity, a new product that helps make protecting your clients’ hard-earned money easier. That’s because, in addition to a level of protection through multiple index options, tax-deferred growth potential, a variety of annuity payout options, and a death benefit during the accumulation phase, Allianz Index Advantage+ New York provides investors with diverse protection levels through its buffers, bear market opportunities with a new index strategy, and enhanced flexibility, all for no product fee. Ready to hear more?

[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]

[On-screen disclosure] An annual 1.25% Mortality and Expense Risk Charge will be charged on the variable option, a $50 annual Contract Maintenance Charge if contract value is less than $100,000, and potential withdrawal charges during the 6-year withdrawal charge schedule. [End of on-screen disclosure]

First, let's look at the features of two of our index strategy options. For the first time ever, with the existing Index Performance Strategy crediting method, investors have the same choice of buffer options across all three of its term lengths. It's not just the diverse buffers available with the Index Performance Strategy.

[On-screen disclosure] Your clients could experience a loss during a term if the index declines more than the level of downside protection provided by the buffer. Your clients may not be able to participate fully in a market recovery if the index option is capped in subsequent terms. Losses in excess of the buffer will reduce your clients' contract value. [End of on-screen disclosure]

With the new Index Dual Precision Strategy, investors have the potential to earn positive performance credits even in a down market. Let's see how this works using a hypothetical one-year term example. With the Index Dual Precision Strategy, there are four possible scenarios. If the index return at the end of the term is positive, zero, or negative but within the buffer, the trigger rate would be applied for the contract owner, resulting in a positive performance credit equal to the trigger rate. If there's a negative index return and it exceeds the buffer, the trigger rate would not be applied, and there would be a negative performance credit equal to the amount of the negative return in excess of the buffer.

[On-screen disclosures]

This hypothetical example shows how the Index Dual Precision Strategy index options might work in different market index environments and assumes no change in the hypothetical trigger rate. It does not predict or project the actual performance of the Allianz Index Advantage+ New York™ Variable Annuity with the Index Dual Precision Strategy index options. This example does not reflect deductions for contract fees and expenses which, if included, would lower the results shown.

Trigger rates may be different from what is represented in the example.

Trigger rates can be different between newly issued contracts and inforce contracts, and they can be different between inforce contracts issued on different days and in different years. Trigger rates can also be different for each index option. Trigger rates are subject to change on each new Term Start Date, and will never be less than the minimum trigger rate.

Amounts invested in the index strategy must be held for the full term before they can recieve a Performance Credit. The Daily Adjustment may cause your client to lose principal and previous earnings even if index return has been positive since the Term Start Date.

[End of on-screen disclosures]

You can see how this index strategy can offer performance potential, even in a down market, with a level of protection. But that's not all. To top it off, our continued innovation means enhanced flexibility for your clients, with our industry-leading Performance Lock and early reallocation features.

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

If you're interested in learning more about Allianz Index Advantage+ New York™, visit allianzlife.com/AdvantagePlusNY, or call the Sales Desk at 800.542.5427.

[On-screen disclosures]

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.

For more complete information about registered index-linked annuities and the variable option, call Allianz Life Financial Services LLC at 800. 542.5427 for a prospectus. The prospectuses contain details on investment objectives, risks, fees, and expenses, as well as other information about the registered index-linked annuity and the variable option, which your clients should carefully consider. Encourage your clients to read the prospectuses thoroughly before sending money.

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.

• 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

Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company and do not apply to the performance of the variable subaccount, which will fluctuate with market conditions.

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.

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

For broker/dealer use only – not for use with the public

[End of on-screen disclosures]

Allianz Index Advantage+ New York™ resources

Value beyond product

From integrating annuities into your preferred financial planning software to helping to manage your book of business, we are here to support you.

Best-in-class service

Book of business alerts to help you identify new opportunities for your clients
Dedicated, on-demand support and case consultation

Fintech support team

Help integrating risk management solutions, such as annuities, in your financial planning software
Demonstrate to your clients how incorporating an annuity in their portfolio could seek to improve financial outcomes

Advanced Market tools and support

Retirement strategy resources such as Social Security and taxation strategies that can help make connections and enhance relationships.

Connect with the Sales Desk to learn more

Call the Sales Desk at 800.542.5427 or your dedicated retirement consultant.

¹ If the index return is positive, zero, or negative and within the 10% buffer at the end of the 1-year term, a positive performance credit equal to the trigger rate would be applied.

² If the index return is greater than or equal to 0% at the end of the 1-year term, a positive performance credit equal to the trigger rate would be applied, which may be higher or lower than the index return.

³ Executing a Performance Lock may result in your clients receiving less than the Performance Credit they would have received had you or your clients not locked the Index Option. It is possible to lock in a negative return. We will not provide advice or notify you or your clients regarding whether you or your clients should execute a Performance Lock or Early Reallocation, the optimal time to do so, or if you or your clients execute a Performance Lock or Early Reallocation at a sub-optimal time. We are not responsible for any losses related to your or your clients’ decision whether or not to execute a Performance Lock or Early Reallocation.

⁴ Contracts have withdrawal charges, and a $50 contract maintenance charge if the Contract Value is less than $100,000. A 1.25% mortality and expense (M&E) risk charge is assessed only on the variable option.

Diversifying allocations within a RILA does not ensure a performance credit in any crediting period.

Retirement consultants market and distribute products manufactured by Allianz Life Insurance Company of New York. Retirement consultants provide education and information related to products they market and do not provide financial or investment advice.

Allianz Life Insurance Company of New York does not offer financial planning services.

Registered index-linked annuities, or RILAs, provide the performance potential your clients want with a level of protection they need. They also offer tax deferral, a variable option, index options, lifetime annuity payout options, and a death benefit during the accumulation phase.

RILAs 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.

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

Check the background of Allianz Life Financial Services, LLC on FINRA's BrokerCheck.

For more complete information about Allianz Index Advantage+ New York™ Variable Annuity and the variable option, call Allianz Life Financial Services, LLC at 800.542.5427 for a prospectus. The prospectuses contain details on investment objectives, risks, fees, and expenses, as well as other information about the RILA and the variable option, which your clients should carefully consider. Encourage your clients to read the prospectuses thoroughly before sending money.

Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company and do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.